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An Affirmative Case

Economist Dean Baker:

Just to quickly point out why some of us would be very happy to see Biden back in the White House, apart from keeping the dictator out, let’s recount the record. 

Biden’s recovery act quickly boosted the economy back to full employment. We know Trump has problems with numbers, but employment growth had slowed sharply by the end of his term. 

Biden’s recovery package, which passed with zero R votes and over the yells and screams of many Democratic economists, quickly boosted the economy back to full employment. 

The bout of inflation we saw was overwhelmingly due to disruptions created by Covid and Russia’s invasion of Ukraine. Our inflation was little different than Germany’s, France’s or even Japan’s. 

The media tell us people don’t care about inflation in Germany, they care about inflation here. That’s fine, but if we don’t assume people are morons, they can understand a pandemic can cause inflation, just like it caused mass unemployment when Trump was in the WH. 

Biden also pushed through a massive infrastructure bill that is going far towards modernizing the country’s infrastructure. This has been on the agenda forever. Trump gave us dozens of “infrastructure weeks,” Biden gave us infrastructure. 

He also pushed through the Inflation Reduction Act, again with zero R votes. This is giving the I.R.S. the resources to crack down on RICH tax cheats (anyone see any jack-booted I.R.S. agents at their door?) 

The IRA also put in place a 1.0 percent tax on corporate share buybacks, the most administratively efficient tax EVER. 

Most importantly, the IRA jumpstarted a green energy conversion and the switch to electric cars. These industries are now soaring. 

We are way behind the curve on climate change, but if we have a prayer of limiting the damage, it is because of this bill. 

Biden also increased the subsidies in the Obamacare Care exchanges so that most people can get affordable insurance now. (Look it up )

Health Insurance Marketplace Calculator | KFFThe Health Insurance Marketplace Calculator, updated with 2024 premium data, provides estimates of health insurance premiums and subsidies for people purchasing insurance on their own in health insura…https://www.kff.org/interactive/subsidy-calculator/

He also made the income-driven student loan repayment plan far more generous. A single person making $33k year pays zero

FACT SHEET: The Biden-Harris Administration Launches the SAVE Plan, the Most Affordable Student Loan Repayment Plan Ever to Lower Monthly Payments for Millions of Borrowers | The White HouseSee President Biden’s Video Announcing the Plan HERE: “Today I’m proud to announce a new program called the SAVE Plan. It’s the most affordable student loan plan ever.” Borrowers can sign up by visiti…https://www.whitehouse.gov/briefing-room/statements-releases/2023/08/22/fact-sheet-the-biden-harris-administration-launches-the-save-plan-the-most-affordable-student-loan-repayment-plan-ever-to-lower-monthly-payments-for-millions-of-borrowers/

And, he has an Federal Trade Commission that believes in enforcing anti-trust law and a NLRB that believes workers have a right to form unions. 

I realize that folks like Nate Silver don’t like the way Joe Biden looks on TV, but I’m an old-fashioned type who cares more about getting things down than impressing Nate Silver. (Yes, Gaza is horrible.) 

Also 401ks are going gangbusters.

If Democrats don’t turn out or vote for clowns like RFK Jr, West or Stein then we will finally have irrefutable proof that all these decades of political science showing that people vote their pocketbooks was bullshit.

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