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Tag Archives: Infrastructure (Public Works)

Why Won’t Republicans Rebuild America?

On June 26, 1956, Congress approved the Interstate Highway Act. Dwight Eisenhower signed the bill three days later. The legislation allocated $24.8 billion in federal funds for a down payment on the construction of an interstate highway system. That’s not a lot of money by current standards, but prices are far higher now than they were then, and the economy is vastly bigger. Measured as a share of gross domestic product, the act was the equivalent of around $1.2 trillion today. And the...

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Republicans Are Mired in Concrete

SectionsSkip to contentSkip to site index Republicans have been having a hard time explaining why they oppose President Biden’s American Jobs Plan.Their real motives aren’t a mystery. They want Biden to fail, just as they wanted President Barack Obama to fail, and will once again offer scorched-earth opposition to anything a Democratic president proposes. And they’re especially opposed to public programs that might prove popular, and thereby help legitimize activist government in voters’...

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Bidenomics Is as American as Apple Pie

SectionsSkip to contentSkip to site index House Democrats are hoping to pass President Biden’s infrastructure bill by July 4, because of course they are. The Biden team is making a point of wrapping its economic initiatives firmly in the flag. First came the American Rescue Plan; now we have the American Jobs Plan paid for by the Made in America Tax Plan.And why not? Trumpism was, in part, about the appeal of economic nationalism, so it makes sense to try to snatch away that appeal on...

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Why Can’t Republicans Be Populists?

President Biden’s American Rescue Plan is incredibly popular, even among Republican voters. We don’t have details yet on the next big Democratic initiative, but we can expect it to poll well, because we know that it will combine major infrastructure spending with tax hikes on corporations and the rich — which are all popular things.But like the rescue plan, the next plan probably won’t get a single Republican vote in Congress. Why are elected Republicans still so committed to right-wing...

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The Decline of Republican Demonization

SectionsSkip to contentSkip to site index The American Rescue Plan, President Biden’s $1.9 trillion relief effort, is law. But it’s only a short-term measure, mainly designed to deal with the Covid-19 pandemic and its immediate aftermath. The long-term stuff — which is expected to combine large-scale infrastructure spending with tax increases on the rich — is still being formulated. And everyone says that turning those longer-term plans into law will be much harder than passing the ARP.But...

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Will Stagnation Follow the Biden Boom?

It’s morning in America! People are getting vaccinated at the rate of two million a day and rising, suggesting that the pandemic may be largely behind us in a few months (unless premature reopening or variants mostly immune to the current vaccines set off another wave). The Centers for Disease Control and Prevention has already declared that vaccinated adults can safely mingle with one another, their children and their grandchildren.On the economic front, the Senate has passed a relief bill...

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