Former US Secretary of Labor
Professor of Public Policy
CAL Berkeley
Creative Commons License
While most of official Washington has been focused on the Senate impeachment trial, another part of Washington is preparing the most far-ranging changes in American social policy in a generation.
The Capitol attack film was brutal. That’s why it must be watched | Francine Prose
Congress is moving ahead with Joe Biden’s American Rescue Plan, which expands healthcare and unemployment benefits and contains one of the most ambitious efforts to reduce child poverty since the New Deal. Right behind it is Biden’s plan for infrastructure and jobs.
The juxtaposition of Trump’s impeachment trial and Biden’s ambitious plans is no coincidence.
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Trump has left Republicans badly fractured and on the defensive. The party is imploding. Since the Capitol attack on 6 January, growing numbers of voters have deserted it. State and county committees are becoming wackier by the day. Big business no longer has a home in the crackpot GOP.
This political void is allowing Biden and the Democrats, who control the White House and both houses of Congress, to respond boldly to the largest social and economic crisis since the Great Depression.
Tens of millions are hurting. A record number of American children are impoverished
Importantly, they are now free to disregard conservative canards that have hobbled America’s ability to respond to public needs ever since Ronald Reagan convinced the nation big government was the problem.
The first is the supposed omnipresent danger of inflation and the accompanying worry that public spending can easily overheat the economy.
Rubbish. Inflation hasn’t reared its head in years, not even during the roaring job market of 2018 and 2019. “Overheating” may no longer even be a problem for globalized, high-tech economies whose goods and services are so easily replaceable.
Biden’s ambitious plans are worth the small risk, in any event. If you hadn’t noticed, the American economy is becoming more unequal by the day. Bringing it to a boil may be the only way to lift the wages of the bottom half. The hope is that record low interest rates and vast public spending generate enough demand that employers will need to raise wages to find the workers they need.
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A few Democratic economists who should know better are sounding the false alarm about inflation, but Biden is wisely ignoring them. So should Democrats in Congress.
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Read the full article at the link.
Seems like what Democrats need to do here is follow President Biden’s lead and “keep their eyes on the ball.”
The minority of “non-Trumpist” Republicans, on the other hand, are going to have to decide where they fit in a party without values that has effectively “disowned” them in its embrace of racism, violence, insurrection, conspiracy theories, and corruption.
PWS
02-14-21