16
   

Monitoring Biden and other Contemporary Events

 
 
Builder
 
  -2  
Reply Fri 17 Dec, 2021 03:34 am
@BillW,
Quote:
We didn't know what the hell we were doing.


That admin wasn't doing the bidding of the Saudis or the Israelis or the Chinese, which is probably why they didn't get a second term, and a puppet from the former corrupt admin got slotted into the role, despite the fact ( or probably because of it ) he doesn't know what day of the week it is.
MontereyJack
 
  0  
Reply Fri 17 Dec, 2021 09:21 am
@Builder,
builder has an overactive imagination and no more grasp of reality than oralloy.
Walter Hinteler
 
  1  
Reply Fri 17 Dec, 2021 10:01 am
@MontereyJack,
A very sympathetic analysis.
0 Replies
 
blatham
 
  1  
Reply Fri 17 Dec, 2021 11:14 am
Michael Gerson is one of the frighteningly small cadre of Republicans/conservatives who has retained his moral compass and who has had the courage to face what is going on with his party and with conservatism in America.

Quote:
The boldness and persistence of the House Jan. 6 committee are a welcome and necessary development. It seems intent on exploring and exposing all the elements of former president Donald Trump’s plot against America: the spurious and dangerous legal theories that fed and informed his plan to overturn the 2020 election, Trump’s direct incitement of violent and criminal behavior on the part of his supporters, and the subsequent attempts by Republicans to soft-pedal subversion.

But I am haunted nonetheless by a recent, decisive moment in American democracy. In early February, Rep. Jamie Raskin (D-Md.) made an appeal to the Senate as it was voting whether to pursue a second impeachment trial against Trump. As both prosecutor and witness, Raskin described what a disruption in the peaceful transfer of power actually looks like: his visiting daughter, hiding in fear of her life; the door-to-door hunt by fanatics seeking public officials to attack; and the desecration of sacred national symbols. “This cannot be the future of America,” he said.

Days later, during the impeachment trial, the United States had its cleanest, clearest opportunity to deliver itself from the influence of a demagogue. In this case, the proxy for the country was held by a handful of Republican senators who had the power to exile Trump to a South Florida St. Helena. A few — Richard Burr (N.C.), Bill Cassidy (La.), Susan Collins (Maine), Lisa Murkowski (Alaska), Mitt Romney (Utah), Ben Sasse (Neb.) and Patrick J. Toomey (Pa.) — met the moment. The rest did not. Neither the unrefuted facts nor the emotional trauma that Congress had just experienced was sufficient. Most Republican senators found technicalities to justify cowardice.

The case against Trump was utterly compelling and eventually useless. And that poses the question: What if the eventual Jan. 6 report is a detailed, powerful, comprehensive and legally compelling indictment of Trump and it doesn’t really matter? Or at least doesn’t matter to the voters it needs to?

In some ways, the GOP’s rank and file still holds the proxy for America. The votes of Trump-alienated Republicans will eventually be required to deny him the 2024 GOP presidential nomination or to seriously damage his reelection effort. It is Republican tolerance for the intolerable that threatens American democracy.

As of now, the GOP is a party lacking a moral and intellectual gag reflex. According to the Pew Research Center, roughly two-thirds of Republicans say that Trump “definitely” or “probably” won the 2020 election. And the share of Republicans who believe it is “somewhat” or “very” important to prosecute the Jan. 6 rioters has fallen by more than 20 percentage points this year.

Just as a serious slice of the Republican coalition is being radicalized by propaganda and conspiracy theories, a larger portion is becoming inured to the radicalism in their midst. An attack on the theory of republican self-government is being conducted under the air cover of general Republican partisanship. And this means the restoration of the GOP to power would involve the unleashing of its worst elements.

Is there any force that could break through Republican complicity and complacency? The largest obstacle I find in talking with this group is what a friend calls “outrage exhaustion.” Just mentioning a vivid revelation by the Jan. 6 commission or a new GOP effort to rig the electoral college results in compulsive eye-rolling. Why can’t we just focus on the future and the considerable failures of the Democrats?

The possible responses to the ongoing crisis are limited. The first is the Cheney option. The marvelous public fortitude of Rep. Liz Cheney (R-Wyo.) and Rep. Adam Kinzinger (R-Ill.) is providing a public service far larger than their number would indicate. They are defining the moral and legal ground to which shocked and burned Republicans — as the worst of revanchist Trumpism eventually unfolds — can repair. Both are proving the theoretical possibility of responsible Republicanism.

The second is the Churchill option. Advocates of Republican sanity should take the time to read William Manchester’s “The Last Lion: Winston Spencer Churchill: Alone, 1932-1940.” It recounts nearly a decade in which Churchill’s push for British armament against the German threat led only to ostracism and isolation. This was modern history’s most vivid demonstration of persistence in the face of suicidal lunacy. We are now in need of the same.

The final is the Franklin option. This is less a strategy than an attitude. In Raskin’s closing statement of the second impeachment, he quoted Benjamin Franklin: “I have observed that wrong is always growing more wrong until there is no bearing it anymore. And that right, however opposed, comes right at last.” Such faith has often accompanied democratic theory, but it is not required by it. At the moment, it is a leap in the dark.
Here
glitterbag
 
  1  
Reply Fri 17 Dec, 2021 11:29 am
@blatham,
Michael Gerson has been around as long as I can remember, and he is always a calm and steady voice.
blatham
 
  1  
Reply Sat 18 Dec, 2021 09:39 am
@glitterbag,
Howdy, ma'm. Yes, I have a high level of respect for Gerson. The journey he has had over the last decade or so away from the modern GOP cannot have been, in many ways, easy for him. And he stands as such a contrast with all the other Republicans and conservatives who have sacrificed whatever dignity they might have once had.
farmerman
 
  1  
Reply Sat 18 Dec, 2021 09:55 am
@blatham,
The reason that weve not heard from Stephen King's adopted a2k name is that the Conservtive wing of the GOP has gifted him with so much creepy and crazy material that hes writing a whole new sries based on the STAND, with aliens,Nosferatii, and devils.

this is in total confidence
glitterbag
 
  1  
Reply Sat 18 Dec, 2021 10:26 am
@farmerman,
Every body needs to remember this is Toppity Top Secret. So shhhhhhhhhhh.
0 Replies
 
blatham
 
  1  
Reply Sat 18 Dec, 2021 12:02 pm
@farmerman,
So long as he stays away from the Hermetic Order of the Golden Dawn, let him write.
0 Replies
 
blatham
 
  0  
Reply Sun 19 Dec, 2021 03:14 pm
From Robert Reich
Quote:
So why did Manchin decide to blow it up?

Is it because he owns stock valued at between $1 million and $5 million in Enersystems, a coal brokerage firm he founded in 1988? Last year he made half a million dollars in Enersystems dividends (roughly three times the $174,000 salary he made last year as a senator).

Or is it because he collects more campaign money from coal, oil, and gas companies than any other senator? (In June, Exxon lobbyist Keith McCoy told the Greenpeace investigative unit that Manchin participated in weekly meetings with company operatives.)


As you may be aware, Manchin dropped his announcement on FOX and this was before he'd informed either the White House or any of his colleagues in the Senate.

snood
 
  1  
Reply Sun 19 Dec, 2021 04:03 pm
@blatham,
Well I heard he actually called the White House first, but it’s really neither here nor there. He just sold his state and the rest of the country out, to stay influential and to keep getting richer.
Region Philbis
 
  1  
Reply Sun 19 Dec, 2021 04:12 pm
@snood,

https://iili.io/7LkwiP.jpg
snood
 
  1  
Reply Sun 19 Dec, 2021 05:33 pm
@Region Philbis,
Well whatever one needs to do to keep hope alive, I suppose.
0 Replies
 
edgarblythe
 
  1  
Reply Sun 19 Dec, 2021 08:49 pm
DEC 19, 2021 DAVID SIROTA
The Democrats Are Trying To Lose
How party leaders learned to stop worrying and love losing to GOP fascists.
The Democrats Are Trying To Lose
President Joe Biden leaving Air Force One on Dec. 17. (AP Photo/Carolyn Kaster)

Cognitive dissonance is one of the defining traits of American politics, but with this weekend’s blow against the Build Back Better bill, we’ve now reached an inflection point: Americans are being simultaneously asked to believe that Democrats are mounting a valiant last-ditch defense of democracy against insurrectionists and election deniers, and yet we’re also watching Democrats proudly surrender the midterm elections to those same fascists, knowingly creating Weimar-esque conditions for an authoritarian takeover.

Taken together, this is far more than hypocrisy: In JFK lingo, this is an admission that the ruling party wants the bear-any-burden brand of democracy defenders, but without the pay-any-price actions that might assure the survival and success of liberty.

In the last week, the contradictions have been too blatant to miss, even if corporate news outlets continue doing their best to ignore, omit, downplay, and distract from them.

🎁
Need A Holiday Gift? Give A Gift Subscription!
On the one hand, we see congressional Democrats casting themselves as the heroes of a West Wing episode, rightly screaming about all the web of connections between the January 6th rioters, right-wing news outlets, and top Trump officials, who appear to have been entertaining plans for an actual coup.

Explore The Daily Poster


Normalizing Corruption


Manchin Demanded Bank Bailout Before Slamming “Entitlement Mentality”


“Does Not Present Sufficient Cause”

On the other hand, we see Democrats fully leaning into a likely 2022 disaster. They are going far beyond merely refusing to give Americans an affirmative reason to vote for them; in sabotaging their own purported agenda, they seem to be deliberately trying to lose to the very fascists they claim to oppose, going out of their way to insult and harm as many voters as possible before their likely collapse.

A Barrage Of Betrayals, Capitulations, And Insults
This weekend’s big news is the likely death of the Build Back Better bill, which includes most of the party’s climate, health care, housing, and other social spending promises. But this plot twist is only the latest chapter in a larger story. Consider what’s happened in the lead up:

Upon assuming office, one of President Joe Biden’s first moves was to tell governors that his $15 minimum wage campaign promise was effectively a lie — and congressional Democrats then insulted everyone’s intelligence by blaming their own fireable parliamentary adviser, an appointed bureaucrat with no real power, for the betrayal.
While flirting with cuts to housing programs, Democrats have mismanaged meager rental assistance programs and allowed the eviction moratorium to end — a one-two punch that is now creating a mass eviction process reminiscent of the meltdown that caused Democrats’ 2010 electoral massacre.
Democrats spent months touting their plan for permanent tax breaks for wealthy mansion owners in affluent blue-state locales, while limiting a proposed child tax credit extension to just one year, even as survey data suggest the tax credit is one of the only things that has made some Trump voters like Democrats a bit more.
Just 48 hours after new polling data showed swing-state voters are most concerned about rampant political corruption, House Speaker Nancy Pelosi, D-Calif., made national headlines brushing off the idea of anti-corruption legislation to stop her and other lawmakers from personally enriching themselves off inside information they receive as government officials. She rejected the concept even after a new report showed lawmakers and their staffers flagrantly violating existing ethics rules governing stock trades.
Amid the Omicron surge, the Democratic White House scoffed at the idea of providing free COVID tests, has refused to use its executive authority to share vaccine recipes, and has completely discarded its promised public health insurance option, instead offering its insurance donors more subsidies in exchange for inadequate insurance that bankrupts people.
Biden is now heading into the election year openly reneging on his student debt relief promise as he hemorrhages support from young people. Instead, he is pledging to restart loan repayment, even as new research shows that this debt is contributing to the housing crisis. Meanwhile, the eviction machine is firing on all cylinders.

Learn All Our Investigative Tricks
Score a copy of The Daily Poster Citizens’ Guide to Following the Money and Holding the Powerful Accountable, free with a paid subscription. Once you subscribe, you will immediately receive an email with a link to the digital publication.

Subscribe Now To Get The Guide
All of this culminated in the modern expression of austerity, corruption, ineptitude, and let-them-eat-cakeism that coincided with the rise of fascism in Europe less than a century ago: In this iteration, a Maserati-driving coal magnate from one of the country’s poorest states stepped off his luxury yacht and told the country that he’s rescinding his promised support for any relief, just after he proudly backed a giant defense spending authorization bill, and after he previously demanded a giant bailout for his Wall Street donors. The declaration by the Wolf of West Virginia was a huge win for corporate lobbyists, Manchin’s billionaire donors, and his family’s fossil fuel business.

It was also a turn of events that seemed preordained by Democratic leaders who never once put Manchin on the spot, never once forced him to cast a single uncomfortable vote, never once tried to generate local pressure on him, and never once compelled him to explain his actions to his destitute constituents. And let’s not forget that in this ruse, Democratic leaders got a big boost from the Congressional Progressive Caucus (CPC), most of whose members dutifully followed White House orders and abandoned their promise to keep the relief bill tied to the infrastructure bill that Manchin helped write.

That high-profile CPC capitulation has been depicted as “know when to hold’em, know when to fold ‘em” savviness — but it came as Biden has been telegraphing his real intent all along. He pushed to slash the original Build Back Better bill, and has spent the year loafing around the White House with a pile of executive actions that he could issue under existing law but that he has refused to bother with.

Liberals in the capital have obediently tried to shift the blame for the impending political disaster to anyone other than the “get things done” president who was long touted as a legislative mastermind. At the same time, there’s now a cottage industry of Washington media folk feigning confusion about why-oh-why Biden’s approval ratings have plummeted.


But the reason is obvious to any minimally functioning brain stem outside the Beltway: The pass-the-blame game isn’t working. As in the 2009-2010 period, Americans were promised specific economic benefits, the ruling party has made a show of refusing to deliver those things, and is now making an even bigger, bolder spectacle of betrayal. Naturally, voters don’t appreciate being given the middle finger, especially when they are engulfed in multiple crises.

Corporate media doesn’t like to acknowledge this simple story because it’s not exciting and doesn’t serve media owners’ interests, but every now and again there’s a begrudging admission like the one at the very bottom of a recent much-discussed New York Times article about the “socialism” label and declining Democratic support among Latinos. In the 12th paragraph of the piece, the newspaper finally admitted that “the majority of those surveyed said they wished that Mr. Biden could have enacted more change than he has so far, which pollsters tied to ‘deep anxiety about the economy.’”

Of course, had these capitulations, betrayals and insults risked the 2022 midterms in service of some larger moral-but-politically-divisive cause like combating the climate crisis, perhaps you could make a case that it was all worth it.

But, in fact, quite the opposite has happened: While flattering credulous liberals with “believe science” rhetoric, Biden has used his executive authority to ignore climate science, boost tar sands pipelines and vastly expand fossil fuel drilling, in some cases at an even faster clip than his Republican predecessor.

While Biden fans have spent months pretending the president somehow has no power to fight his own party members like Manchin, Biden’s White House has also been proving the opposite as it helps the fossil fuel industry stomp on Michigan’s Democratic governor and make the climate cataclysm even worse.

A Broken Formula
In October, The Daily Poster wrote that if Democrats were really serious about passing the Build Back Better bill, they would hold a vote and force Manchin to show whether he has the guts to publicly vote down so much aid to his own West Virginia constituents. Some House progressives are only now echoing that demand. Better late than never, but it might be too late.

If the legislation is dead, Democrats will now stumble into 2022 banking on two last arguments: They’ll protect abortion and voting rights. But in this tragicomedy of errors, they can’t seem to even stand by those most bedrock promises.

As the Supreme Court tries to transform America into Gilead, the party has been raising money off promising that “we will always fight tooth and nail to protect access to safe, legal abortion.” And yet Democratic congressional leaders have bottled up long-promised legislation to codify Roe in federal law, and the Biden White House doesn’t seem interested in a fight against corporate lobbyists to seriously reform the GOP’s radicalized Supreme Court. At the state level, it’s just as bad: Democratic legislative leaders in Virginia reportedly won’t even return from vacation to protect reproductive rights ahead of that state’s Republican takeover.

Likewise on voting rights, as Republicans spent months telegraphing their intent to gerrymander the next decade of congressional elections, Democrats bottled up their anti-gerrmyamering legislation until after the key Census deadline that now allows such GOP manipulation to happen. Democrats have now performatively turned back to the voting rights bill, knowing that Manchin and Sen. Kyrsten Sinema, D-Ariz., have never faced the necessary public pressure campaign that might get them to stop propping up the filibuster blockade.

Tellingly, the Democratic Senate didn’t make time to even debate the voting rights legislation that Democrats suddenly purport to care about, but somehow the same Senate found time to secure a plum job for disgraced former mayor Rahm Emanuel.

🎁
Need A Holiday Gift? Give A Gift Subscription!
It is profoundly illuminating that Democrats are betting on a half-hearted, likely-doomed-to-fail voting-rights initiative as their 2022 savior. It evinces a deeply cynical belief that voters will keep being fooled by their Lucy-and-the-football act of pretending to be for things while setting those things up to never actually happen. And even if you think the belated initiative somehow represents a serious attempt to legislate, it nonetheless illustrates party leaders’ warped world view, their sense of entitlement, and their assumption of inevitability.

For decades, the basic formula in Democratic politics involved three steps: 1) You get elected on promises, 2) you deliver on said promises, and 3) you then make it as easy as possible for people to vote for you in the next election.

But since Obama won in 2008, modern-era Democrats seem intent on skipping the second step and maybe even the third, as if governing and delivering aren’t important to electoral success — and as if serving the donor class is the only thing that matters. Back then it was enriching Wall Street donors while millions were foreclosed on, today it is demanding an infrastructure bill that oil lobbyists want while killing social programs that everyone else needs. The details change, but the story remains the same.

The presumption seems to be that come election time, voters owe the Democrats their support, rather than Democrats owing voters the promised policies that improve people’s lives. Democrats also seem to believe that democratic institutions unto themselves — in absence of policy followthrough — will automatically generate positive political outcomes for their party. The idea is that people will vote harder, because they have to, given the alternative.

The national elections of 2010, 2014 and 2016 — as well as Virginia’s 2021 election — prove the opposite. They show that when a ruling party so obviously sides with its corporate sponsors, voters are perfectly willing to stay home or use those democratic institutions to throw that party out of office — even if that means electing an even worse set of villains.

In this era, those villains aren’t just the anti-tax zealots or libertarians of old — they are Republican extremists willing to exacerbate a deadly pandemic, threaten violence, and destroy the last shreds of democracy in order to seize power.

In what should be an archetypal good-versus-evil Hollywood story, Democratic leaders have changed up the script — they’ve made clear they are unwilling to do what’s necessary to ward off this menace. Indeed, some of them have explicitly ridiculed the idea of any kind of FDR-esque response to the very real, very explicit rise of fascism.

Intent on owning the left and serving their donors, Democrats are waiving the white flag of surrender. Though in truth, even that metaphor isn’t apt. Now more than ever it seems as if Democrats are willing participants in a theatrical production whose conclusion is already scripted. Forced to choose between their sponsors’ demands and fulfilling the campaign promises necessary to win the midterms, these Democrats have chosen the former — with most of them knowing they’ll be richly rewarded with post-government payouts as the rest of the country burns.

Like This Story? Give Us A Tip!
This is a parable that has been told countless times in history — the story of an effete ruling party trying to satiate the greedy rich and also somehow placate the desperately destitute, and then that contradiction being ridiculed, shamed, and exploited by right-wing opportunists.

It is a gut-wrenching tale that never ends well, but it is a tale worth telling — if only to know what went so horribly wrong, so that perhaps this fate can be avoided when the Democratic gerontocracy is long gone.

Maybe then all the obvious cautionary lessons from the Weimar era to the present won’t fall on such deaf ears. Thanks to what’s happening right now, it will be a long and difficult path to that future — but if we want any kind of future at all, that future must start now.
0 Replies
 
Builder
 
  -4  
Reply Sun 19 Dec, 2021 10:01 pm
@Region Philbis,
I hope that the American people are visited by three wise men on xmas eve,

and this time, they all pay some fkn attention to what they're told. (for a change)
0 Replies
 
izzythepush
 
  1  
Reply Mon 20 Dec, 2021 04:50 am
Gabriel Boric has become the new president of Chile, defeating the far right candidate by ten points, becoming the youngest ever president and heralding a new era of Democracy unknown since the fall of Allende.
0 Replies
 
izzythepush
 
  1  
Reply Tue 21 Dec, 2021 04:50 am
Attacks on Christians have increased in the Indian state of Karnataka by far right Hindu extremists.

These were the peopleTrump courted foolishly believing they would restrict their violence to Muslims.

That's not how extremism works.
hightor
 
  2  
Reply Tue 21 Dec, 2021 06:39 am
HCR wrote:
On Fox News Sunday yesterday, Senator Joe Manchin (D-WV) said he could not support the Build Back Better infrastructure bill, a measure that is central to President Joe Biden’s vision for America.

Negotiators have been working on the measure for months. At the end of March, Biden called for the American Jobs Plan, a $2.3 trillion bill designed to support well-paid American jobs by investing in a wide range of projects, both taking care of long-deferred maintenance on roads, bridges, pipes, and our electrical grid, for example, and also investing in education, elder care, and alternative energy to help address the climate crisis.

Republicans refused to get behind such a sweeping package, so to get Republican buy-in to a measure that would spend federal money, rather than cutting taxes, negotiators broke Biden’s initial measure into two bills. One was a $1.2 trillion package that focused on hard infrastructure like rebuilding roads and bridges, and bringing broadband to communities that still don’t have it. About $550 billion of that money comes from new appropriations, and the rest is regular spending that Congress moved into the measure. Some Republicans were willing to support this bill, but it was too small to win the full support of progressive Democrats, who wanted a much bigger package. This bill is now commonly known as the Bipartisan Infrastructure Bill (although its name is actually the Infrastructure Investment and Jobs Act).

The other measure is the Build Back Better bill, which focuses on human infrastructure like childcare, eldercare, lower drug prices, universal preschool, the Child Tax Credit, and measures to address the effects of climate change. This bill began at $3.5 trillion. Republicans said no across the board to this one. Conservative Democrats Manchin and Kyrsten Sinema (D-AZ) also said they could not support it without significant cuts, and so negotiators whittled it down to $1.75 trillion.

To get both measures through required a delicate balance. On the one hand, progressive Democrats refused to agree to the bipartisan bill unless conservative Democrats agreed to pass the larger bill. On the other hand, Republicans refused to have anything at all to do with the larger bill but would not give enough votes to the bipartisan bill to pass it without the help of the progressive Democrats.

So Democratic leadership made a deal that the two bills would move forward together, but then conservative Democrats wanted to move forward with the bipartisan bill and to wait for a score from the Congressional Budget Office (CBO) to see how much the larger bill would cost. Finally, in November, the Democratic leaders got a firm promise from the conservative Democrats that they would pass a version of the larger bill. On that promise, the progressive Democrats agreed to pass the bipartisan infrastructure bill, which they did, and Biden signed it on November 15.

So when Manchin announced on the Fox News Channel that he would no longer support the Build Back Better bill in any form, the wrath of the betrayed fell on him. Manchin cited concerns about the cost of the bill, but he used the CBO analysis of what the bill would cost if its provisions were all renewed for the next decade, an analysis requested by Senate Republicans, rather than what is actually in the current bill. While long-term concerns are not necessarily illegitimate, concerns about extensions not yet voted into law contrast strikingly with a lack of concern over the 2017 Republican corporate tax cut and 2018 budget, which were projected to cost $5.5 trillion if all aspects were extended for ten years, and which passed nonetheless.

Those who had relied on Manchin’s promise, including the White House, were furious. “If his comments on FOX and written statement indicate an end to that effort, they represent a sudden and inexplicable reversal in his position, and a breach of his commitments to the President and the Senator’s colleagues in the House and Senate,” White House Press Secretary Jen Psaki said.

The death of the Build Back Better bill would have huge repercussions. First of all, infrastructure spending is popular in general, both because of the projects it would accomplish and because of the jobs it would provide. Second, without the extension provided in the Build Back Better bill, the child tax credit that has lifted so many children out of poverty will expire, and the child tax credit is very popular (not least in West Virginia, where 181,000 families with 305,000 children benefited from the payments).

The president of the West Virginia AFL-CIO, Josh Sword, asked Manchin to get back to the bargaining table, pointing out that the Build Back Better bill would not only lower the cost of health care and child care, but also shore up the Black Lung Disability Trust Fund, which provides benefits to thousands of coal miners. It also protects workers’ right to organize and bargain collectively, creates jobs for home care workers, expands care for seniors and those disabled, and invests $4 billion in coal communities “to attract manufacturing companies that will provide good-paying, union jobs.”

Tonight, Manchin appears to have put negotiations back on the table, tweeting: “President Biden’s framework is the product of months of negotiations and input from all members of the Democratic Party who share a common goal to deliver for the American people…. As we work through the text of the legislation I would hope all of us will continue to deal in good faith and do what is right for the future of the American people.”

The reason all this matters so much is that Biden and the Democrats are trying to restructure the nation around ordinary Americans rather than the wealthy. Since 1981, when Ronald Reagan took office after telling Americans, “in this present crisis, government is not the solution to our problem, government is the problem,” the prevailing pressure on the American government has been to cut taxes and slash government regulations and investment in order to free up private capital to invest in a growing economy.

But while those who pushed so-called supply-side economics promised it would create widespread prosperity, their system never delivered. Instead, the rate of economic growth did not increase dramatically, while, as the country cut taxes again and again, wealth moved upward. Meanwhile, as deficits and the national debt mounted, Congress cut social welfare programs and investment in infrastructure, and the country has fallen behind other nations.

Republicans insist that investing in the country is socialism that will destroy the economy, but in fact, Congress’s investment in the economic recovery through the American Rescue Plan, passed by the Democrats in March without a single Republican vote, has created the fastest rate of economic growth the country has seen in decades. Growth in the first two quarters of the year, before the Delta variant started to spread, was over 6%. That investment has created more than 6 million jobs since January, the highest rate in history, and new unemployment claims are the lowest they’ve been in more than 50 years.

When Manchin said he would stop this investment by killing the Build Back Better bill, Goldman Sachs immediately predicted 1% less growth in the economy, saying that failure to pass the bill had “negative growth implications.” The bank cited the end of the child tax credit, along with the loss of other spending, as central to its analysis.

The Build Back Better bill, along with the other initiatives of the Biden administration, is not simply the pre-1981 government resurrected. It reworks the old New Deal government that focused on good jobs for men who headed households into a modern vision centered on children and families and the communities that support them.

It is no wonder that the Republicans have refused to deal with the measure at all, and that the Democrats have had to—and likely will continue to have to—devote a lot of time and energy to pass it into law.

substack
Walter Hinteler
 
  1  
Reply Wed 22 Dec, 2021 01:53 am
The far right is moving towards decentralized movements in regional venues where, experts warn, they can have far-reaching and dangerous impacts

Why US far-right groups are shifting their focus to local communities
0 Replies
 
gingercookiegal
 
  -2  
Reply Fri 24 Dec, 2021 05:15 am
Well, the economy is awful for working people, but hey that's a small price to pay so that Nancy Pelosi can become a billionaire from insider stock trading.

This Christmas, just remember that we peasants must make sacrifices so that Nancy can live a better life.
0 Replies
 
 

Related Topics

Obama '08? - Discussion by sozobe
Let's get rid of the Electoral College - Discussion by Robert Gentel
McCain's VP: - Discussion by Cycloptichorn
Food Stamp Turkeys - Discussion by H2O MAN
The 2008 Democrat Convention - Discussion by Lash
McCain is blowing his election chances. - Discussion by McGentrix
Snowdon is a dummy - Discussion by cicerone imposter
TEA PARTY TO AMERICA: NOW WHAT?! - Discussion by farmerman
 
Copyright © 2024 MadLab, LLC :: Terms of Service :: Privacy Policy :: Page generated in 0.09 seconds on 05/19/2024 at 09:44:24