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Biden SOTU-More BIG Government

KLATTU

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That's the take over at the the libertarian Reason.com
Evocative words they were, living up to CNN anchor Jake Tapper's assessment that "given his speaking talents and challenges, it was a fairly strong performance." If only the president had dropped the mic and walked away at that point. But he insisted on reading the rest of his script.

"One of the first things I did as president was fight to pass the American Rescue Plan," he boasted of the massive spending bill pushed through Congress last year. "Because people were hurting. We needed to act, and we did."

But, as Reason's Peter Suderman pointed out at the time, "only a few percentage points of its massive $1.9 trillion price tag is specifically geared toward, you know, addressing the pandemic.…Most of it is instead a pre-existing Democratic Party wishlist of increased spending on virtually every aspect of government."
he spending actually hurt more people by devaluing the dollar and driving prices through the roof as part of a pattern, beginning under the previous administration and continuing with Biden, of flooding the economy with money.

"It is hard to ask for a clearer demonstration of fiscal inflation, an immense fiscal helicopter drop, exhibit A for the fiscal theory of the price level," observed Hoover Institution economist John Cochrane.

Biden did concede that inflation is a problem, but he certainly didn't admit that the government's helicopter drop of money and other impositions were the cause. Instead, he saw inflation as a weird side-effect of the pandemic, like the loss of taste and smell. "The pandemic meant that businesses had a hard time hiring enough workers to keep up production in their factories," he insisted, jumbling cause-and-effect involving mandatory closures of businesses, among other policy disruptions. His solution, predictably, is more government action."

Always interesting to listen to the folks at Reason, because they don't spout the GOP or Dem party line,
 

KLATTU

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"My plan to fight inflation will lower your costs and lower the deficit," the president asserted. Then he proposed to let the federal government set drug prices, subsidize home-weatherization along with solar and wind power, and underwrite part of the cost of purchasing electric cars as well as build 500,000 charging stations for those vehicles. Biden also wants the government to pay for childcare, subsidize long-term care, and pick up the cost of pre-kindergarten. All of this will come, he promises, without raising taxes on anybody making less than $400,000 per year. That'll be quite a trick with national debt soaring above $30 trillion without such an ambitious agenda.

The bolded does not even need fact checking. It's a blatant lie
 

NatMorton

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When has the left’s proposed solution for anything ever not included more government spending and/or greater regulatory authority?
 

Mr Person

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I can't imagine what it's like to have such a simplistic view of reality that the question of whether government is a "big" or "small" actually makes some kind of sense to be asking. It's the most hackish idiocy around.

First, decide what you want government to do. Then, build a government of the right size to do that stuff as efficiently as possible. There is nothing inherently good or bad about bigness or smallness of government. It's an empty concept. Bumper sticker politics.
 

KLATTU

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I can't imagine what it's like to have such a simplistic view of reality that the question of whether government is a "big" or "small" actually makes some kind of sense to be asking. It's the most hackish idiocy around.

First, decide what you want government to do. Then, build a government of the right size to do that stuff as efficiently as possible. There is nothing inherently good or bad about bigness or smallness of government. It's an empty concept. Bumper sticker politics.
that's a fair point, and it does always boil down to what you believe is the proper role of Government and what is cost effective give fiscal restraints.I tend to be more on the side of the folks at Reason on that.
 
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