- cross-posted to:
- nyt_gift_articles@sopuli.xyz
- cross-posted to:
- nyt_gift_articles@sopuli.xyz
it is Mr. Biden’s reinvigoration of the government’s role as the nation’s most important investor that may endure as a turning point in the nation’s political and economic history.
Investments, like saplings, do not yield immediate fruit, and Mr. Biden has struggled to generate public enthusiasm for these long-term strategies.
It’s not that Americans are stupid. Any nation can fall into the same trap if we devolve control of our infrastructure to plutocrats who look down on the public.
It’s the attitude that Americans are dumb and deserve our fate that’s shared by the elite who make it their business to fuck over the most vulnerable of us.
In this case, yes it is. The proof is everytime a President has implemented a policy that doesnt deliver economic gains immediately, it’s called a failure. That’s why Republicans always make the same plays for corps - lower taxes, remove regulations. It takes 0 effort and always gives short term gains that are bad in the longrun.
To be fair, it’s usually called a failure by corp owned media. And for most people that’s how they get all their news.