He will have all the resources and all the authority to make irreversible changes to the country.
It IS going to be one prolonged community organizers wet dream. ALL will be accomplished at the expense of every single working man and women in America. The critical point will be when working people finally give up and stop going to work at all, because it will be a wash between earning your own way and making your own choices and just staying home and waiting for the government to send you a check.
Forget saving, forget everything you were brought up to think about your own personal efforts and achievement in your working career. Working will be deincentivized.
In some ways that is the core of the inevitable failure of all socialist schemes. USSR, c. 1988: "They pretend to pay us and we pretend to work."