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You are correct in that a lot of Democratic House and Senate members are still committed to willingly doing the bidding of the billionaires, which was what led the party astray since 1970 - i.e. neoliberalism. Clinton's DLC certainly was dismissive of unions. And that has been a feature of Democratic politics since then, even through Obama's administration.

But Biden is a union guy and makes no bones about it. He also is compassionate towards the former union workers who have suffered loss of status and income - regardless of their attitudes on race, gender identity, etc. But at the same time he continues to support the agenda of the social issues Democrats. His approach seems to me to be 'all of the above'.

And, beyond my wildest expectations, he has embraced going big on federal spending. Late this afternoon we received word that the Senate Parliamentarian has ruled that other bills can be pushed through NOW under 'budget reconciliation' and $3-5 Trillion more in spending over the next ten years. I am betting that the US electorate, given the choice of continuing down that path or reversing course under new Republican leadership will vote to continue. The will be showered with benefits and living in a booming economy such as we have not seen since the '60s.

Republicans and some Democrats express concern about all of the spending, but, in truth, it matters MUCH more on what the money is spent than on the size if the expenditure, and Biden's budget is spending on all of the right things. Everything he proposes will improve productivity = even if the financial sector again manages to blow up the markets. But between Yellen and Powell he has some pretty sensible financial managers.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Tue Apr 6th, 2021 at 02:46:31 AM EST
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