Bringing back the Covid-19-era safety net would bolster financial security and help defeat Trump and the Republicans next November.
Biden and the Democratic Party did succeed in breaking with prior policy orthodoxy in two ways. The first was by passing the American Rescue Plan in earlycrisis, which focused largely on providing direct support to households. The second break came with the Bipartisan Infrastructure Bill, the IRA, and the CHIPS Act—investments focused on boosting supply-side production, including green industry.
Biden still has opportunities to help working people, and there are plenty of actions that he and national Democrats could take now to make people’s lives better and to shore up political support. But by letting the Covid welfare state collapse, the economic and political benefits of this new industrial policy are being muted. Instead of combining necessary investments in green manufacturing and infrastructure with social safety net provisions to protect the vulnerable, the federal government seems to be giving with one hand and taking with the other.supply-side” policies serve different goals, and both sorts of programs are necessary for creating an economy that serves everyone’s needs.
But Biden still has opportunities to help working people, and there are plenty of actions that he and national Democrats could take now to make people’s lives better and to shore up political support. That will mean making aggressive use of executive power.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
For Many Native Americans, Fry Bread Is Tasty, Nostalgic—and ComplicatedIndigenous chefs and authors discuss the beloved and thorny legacy of the food.
Lire la suite »
WSJ Poll: Majority of Americans Disapprove of Biden's Handling of UkraineA majority of American voters disapprove of President Joe Biden's handling of Ukraine, according to the latest poll by the Wall Street Journal.
Lire la suite »
Could Americans break 20-year drought at US Open?It has been 20 years since Andy Roddick won the men's singles title at the U.S. Open. Could one of three American men bring home this year's title?
Lire la suite »
Time to protect Chinese Americans targeted by CCP espionage teamsOn Aug. 3, the Department of Justice indicted and arrested two U.S. sailors on separate charges of “transmitting sensitive military information to the People’s Republic of China (PRC).”
Lire la suite »
MAGA mug-shot momentum: More signs Americans are ready for a Trump comebackIt was a mug shot that was designed to embarrass him. But it’s already backfiring.
Lire la suite »
Minnesota seeks unifying symbol to replace state flag considered offensive to Native AmericansA state commission has begun designing a new state flag and seal for Minnesota.
Lire la suite »