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Biden's first 100 days are a big break with the Reagan legacy. He says jobs and families need an active state.

Added 05-03-21 03:14:02pm EST - “"Covid has now created a stormwave of support for government," Barney Frank says. Joe Biden argues "Trickle-down economics has never worked."” - Businessinsider.com


Posted By TheNewsCommenter: From Businessinsider.com: “Biden's first 100 days are a big break with the Reagan legacy. He says jobs and families need an active state.”. Below is an excerpt from the article.

When he first stepped into the national spotlight, Joe Biden made a big gamble seeking to sweep aside the legacy of a Republican president who came to power pledging to diminish the reach of the federal government.

President Ronald Reagan was nearly done putting his imprint on national politics in the fall of 1987. He had declared government to be "terrifying," and resisted social safety net expansions. There was little appetite among voters for a major tax increase once Reagan slashed them for individuals and companies across the board. 

So the 45-year-old Delaware senator built a centrist presidential campaign emphasizing community. During a New Hampshire rally, Biden advocated to keep government mostly on the sidelines, saying it would "only solve part of the problem."

"I'm saying the government must be the catalyst to get America moving again, a fundamental difference," he said at the time.

More than three decades later and 100 days into his presidency, Biden sits in the White House with an entirely different prescription for how to get the nation on the move again. Embracing FDR-level ambition, he's pitching a $4 trillion spending program to overhaul the economy, attack longstanding racial and economic inequalities head-on and create jobs — all by marshaling the federal government's resources and casting it in a more muscular role. 


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