Posted on 04/01/2021 2:49:11 PM PDT by RoosterRedux
The White House is pushing an infrastructure bill that could reshape the discussion around capitalism as it seems to reestablish the federal government as a primary driver of how the economy should grow and function.
In addition to traditional infrastructure projects, Biden’s $2.25 trillion American Jobs Plan would make government investments in broadband, electric vehicles, climate change, elderly care, child benefits, housing and developing future technologies.
It would redefine classic infrastructure projects to include investments in workers and families paid for by tax hikes on corporations.
The ambitious proposal effectively transforms the relationship between the government and the private sector, making radical changes to key sectors of the economy that could be felt for years down the road.
It places a big bet on the ability of the federal government to drive sustained economic growth at a time when confidence in institutions is low.
And it will almost assuredly open Biden up to attacks from Republicans that he’s undermining traditional American capitalism and implementing a socialist agenda — after a heated election where cries of “socialism” were central to former President Trump’s campaign.
“Every corner of the country is going to be touched by this in some way,” said Mark Zandi, chief economist at Moody’s Analytics.
“It takes a whole different perspective on government,” Zandi added. “Ever since Ronald Reagan it’s been about government dysfunction, we need smaller government, less government. ... This is the complete opposite. It’s saying government and only government can solve the problems we have because they’re so large and beyond any one of us. Infrastructure is a collective problem.”
(Excerpt) Read more at thehill.com ...
The US needs a good de-worming.
Empty promises...exchanged for power now.
This was perhaps the greatest fraud and conspiracy of all time. A cabal of communists and new world order types cleverly engineered this fraud on a trusting and gullible public. These are not Biden's policies but the policies of a secret committee of communists who are running the country.
Commies R Us.
Anyone remember the total disaster the Federal Government created with Urban Renewal back in the 60's? First, they tore down huge swaths of historic homes and businesses in urban areas, many of them owned by blacks at the time. Then replaced those fine old structures either with 1960s crap project housing or they bisected neighborhoods with giant expressways to move people quickly out to suburburban housing. In short order the project housing, owned by government agencies, fell into disrepair. Blacks who were homeowners were now renters. Yeah, that worked out real well. That along with the War on Poverty.
There’s a name for it - most call it ‘Central Planning Communism.’
So all of a sudden Democrats like fascism?
‘Cuz that’s what this is.
Indeed, but you could argue that bridge was crossed back in the 1930's. We have had a government command economy thru the military-industrial-complex and redistribution of wealth via transfer payments. Outright individual freedom has been an illusion. The difference now is that pretense is being dropped.
Government housing also helped destroy black families. Rules were if the father lived in the home, benefits were cut or totally stopped.
Also the housing was built on prime land.When it was torn down gentrification took place with expensive high rises and condos replacing what was once a nice mixed or black neighborhood.
But what the heck. We’ll do better this go round.
reshape the discussion around capitalism
That’s just like the “discussion” around firearms.
In the end, there is no discussion there is only communism.
Yep....grind the opposition into dust..... The goal of every Marxist from Madison to Berkeley ....
He apparently was a Democrat, though.
Doesn’t capitalism reestablished with the federal government as a primary driver of how the economy should grow and function = fascist government?
I have no idea. But I’ll take your word on it.
Communism is the lefts ultimate goal..people keep on talking about Socialism, please, Socialism will be a breeze compared to what is coming, what the left wants is communism, they will be in control of EVERYTHING and if they dont like how you think, you’re dead
AKA Fascism.
Hi.
We are doomed.
And in three years, everybody in the corrupt corporate media, academia, Hollywood, and the DNC will blame Trump.
Hopefully then, the shooting starts...
5.56mm
“...and put to use some of the judges that President Trump put into office.”
I wish I had confidence in the judges. But, so far I am disappointed with the Supreme Court.
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