Wednesday, April 7, 2021

Joe Biden teaches 'Fratelli Tutti' Economics 101

Joe Biden teaches 'Fratelli Tutti' Economics 101 $2 Trillion over 8 years is sizeable, but not earth shattering. The American Rescue Plan Act was way more in the spirit of Fratelli because of its child tax credit and health care provisions. The small adjustment in corporate taxes is less than what was lost in the Ryan-Brady reforms. To really increase brotherhood, we need a bill with higher minimum wages and retirement and disability payments. Too many of us still need to visit food pantries and $250 billion of infrastructure spending a year won't change that. Biden needs to go bigger.

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