The American Rescue Plan, expected to be signed into law shortly is, as Joe Biden would say, “a BFD”.
President Joe is of course too polite to articulate what the acronym means. What it means to me is that government is working for the people again. Joe Biden and the Democrats in Congress are finally canceling Ronald Reagan (and, yes, even Bill Clinton) by declaring the government is not the problem. They are demonstrating the opposite: government in fact can be the solution. We literally haven’t seen this to this extent since before Ronald Reagan was president.
This is hilariously good. pic.twitter.com/ZCwqnNL7DL
— Anand Giridharadas (@AnandWrites) March 10, 2021
We’ve actually seen plenty of government working these last forty years, but it’s been working against the interests of the American people and for the companies that funded the campaigns of those in Congress. It’s no wonder then that Americans soured on government in general. The American Rescue Plan is amazing in that it gives literally nothing to the top one percent. It’s a bill focused on the people who have spent forty years trying to fend off poverty, with many failing at the task. It’s a huge step toward leveling the playing field between the haves and the have nots and boosting the income of working folk, through not only stimulus, but also through child tax credits, health care subsidies even to those making close to six figure income and covering the freight of Medicare for any states willing to allow it. Lose a job with health insurance? You won’t lose the latter and the government will pick up the COBRA premiums until you have a new one.
It’s true that it doesn’t increase the federal minimum wage, but it’s essentially 95% of what Biden proposed and was somehow pushed through a deeply partisan Congress by the slimmest of majorities. While it attracted the support of zero Republicans in Congress, it is supported by nearly sixty percent of Republicans polled. The plan is what the long suffering American people need. It explains why Joe Biden’s approval rating is 59% while Trump struggled to get out of the low forties.
Oh, and it does a lot of obvious covid-19 relief. Testing, contract tracing and vaccine deployment are all covered. There’s money to allow schools to reopen, to allow restaurants and businesses to avoid bankruptcy, and to assist state and local governments whose tax revenues plunged during the recession, making helping people difficult. It keeps a lot of people from being evicted from their homes. It does some actual racial justice, with money going to black farmers. It provides substantial credits to families with children, and delivers these payments monthly, instead of through once-a-year tax credits, credits that will be hard not to make permanent once parents get used to them. It puts a lot more money into people’s pockets, most of who will turn around and quickly spend it. So it’s going to juice the economy like a rocket.
For a change, me and the missus will be spending our stimulus money. There was nothing to spend it on a year ago, but it’s safer to let people into the house now and they know to wear masks. We have a huge unfinished basement and the stimulus should cover painting the floors, ceilings and posts.
Ideally this would not happen with borrowed money, but interest charges on government debt right now are minuscule, making it a great time for the government to run up debt at minimal cost. Ideally while providing the relief that most of us needed for decades, we’d also be tapping the overstuffed kettles of the rich. We could start by repealing the trillion dollar tax cuts passed during the last administration.
But Joe Biden is quite pragmatic and tactical. I can see these ideas are on his mind too, but he’s smart enough to know “not yet.” Making government function again feels novel. In fact, it is novel for most of us because only us oldsters remember a time when government functioned in their interest.
With nearly five decades in public service, Biden knows how to make things happen. It’s true he’s gotten some lucky breaks. Picking up two Georgia Senate seats made this bill possible – thank you Georgia voters! The Trump administration did not deserve to be called an administration. Calling it an administration assumed it was competent. It never was. You can’t say that about Biden’s administration. What he’s doing is tactically smart. Moreover, Biden is focused and tenacious. Just about every day I see something important and tangible getting done. Today, it was getting 100 million new doses of the Johnson & Johnson vaccine ordered. The current vaccine scarcity is soon not going to be a problem. Biden is systematically and carefully putting the pandemic behind us. He’s making government work.
This should rebound for the Democrats, but you never know. Biden is building a case for pragmatism over partisanship. It may turn into a majority and an enduring coalition. There are many forces though pushing against regular order. So far though Biden and his team seem to be one step ahead of them. He succeeds through intelligence, pragmatism, not getting on soap boxes and mostly by staying focused. It’s quite clear he wakes up every day thinking about what is most important to get done and spends his day on it. He adroitly greases the gears of government. It’s quite amazing to watch.
Quite frankly, Joe Biden has surprised me. He’s proving far more effective than Barack Obama, but a lot of this is due to a more favorable set of political cards. But it’s also because Biden plays a deft game of musical chairs and it seems forces allied against him just can’t keep up. He may be an old dog, but he’s got lots of tricks. He’s quite impressive. I keep expecting the other shoe to fall, but so far it hasn’t.
Joe Biden hasn’t forgotten his working class origins. His public school education, including his public university degree, are proving to be of much more use than any Ivy League degree. Joe is a man of practical action and much slicker than Bill Clinton ever was. You just don’t notice it behind his generous, every day man smile.
Keep me smiling, Joe. You’re surprising the heck out of me.