The American Rescue Plan is the inverse of Trump’s tax cut insofar as it radically distributes income in a downward direction, not upward to the 1 per cent. Unlike the tax cut, not a single GOP senator voted for it. Nothing in the last half century approaches it in its broad and egalitarian sweep.
No less importantly, it goes against the grain of the governing and economic philosophy of the past 4 decades that systematically withdrew government from the provision of public goods like education, health care, jobs and unemployment relief, welfare, aid to city and state governments, public housing, etc., while giving free rein to the “magic of the market.” Biden and Democrats said they were going to go big. And they did conceptually and practically.
In short, it’s a BFD!
Written by
Sam Webb
I'm a long-time socialist and activist, but new to the blogging world. I hope to bring a different perspective on politics, sports, culture, and Marxism. Besides blogging, I also leave plenty of time for swimming, hiking, ESPN, music, reading, drinking good beer, and, not least, my family and friends. I wish I could play basketball, but my knees ruled out that possibility long ago.
While I currently reside in New York, my politically formative years were spent in Portland, Me. and Detroit during the 1970s and 1980s. I graduated from St. Francis Xavier University in Nova Scotia (where I played basketball) and received a MA in economics from the University of Connecticut.
I was the national chairperson of the Communist Party, USA from 2000 until 2014 when I stepped down at the convention. In 2016 I resigned from the Communist Party two years later. We were no longer on the same page.
