The Democratic Party increasingly assumes the economy runs on autopilot, weakening its ability to articulate a serious vision for American economic strength.
I dont disagree. I have written before that the problem with the Republican growth model is that it is based on 2 things, lower taxes and regulations (and now tariffs). but at least they for the most part are committed to growth and innovation. The left is committed to redistribution first and foremost
With the exception of the IRA energy bill, all the rest was the Senate, in a bipartisan manner. CHIPS and Science. these were not Biden initiatives. And yes i am not saying that the Democrats don't ever produce progrowth policies. I am saying that the left wing of the party largely doesn't care about them.
I was going to say exactly what your earlier commenters wrote....and "bipartisan"???? Yes, 23 Republicans in the House and Liz Cheney in the Senate voted yes on the CHIPS act....and of those, many were retiring or had lost their primary. The overwhelming Republican vote was NO.
Dear Robert! As always, a clear and insightful analysis. But I agree with William Kleinknecht's comment. You missed Bidenomics with its grandiose industrial policy. I'm not sure that green energy is a prerequisite for future economic growth, but Bidenomics also included many other areas of industrial growth, such as electronics.
A very provocative piece. I enjoyed reading it. But I wish it had addressed major legislation signed by Joe Biden to spur manufacturing, technical innovation, infrastructure improvements and the development of green energy, the latter being a key element of future economic growth. Trump dismantled much of what Biden put in place and has ceded green energy to the Chinese. He is even paying corporations to abandon their wind-energy projects to clear the way for coal and oil drilling, hardly a wise growth strategy for the future.
I dont disagree. I have written before that the problem with the Republican growth model is that it is based on 2 things, lower taxes and regulations (and now tariffs). but at least they for the most part are committed to growth and innovation. The left is committed to redistribution first and foremost
With the exception of the IRA energy bill, all the rest was the Senate, in a bipartisan manner. CHIPS and Science. these were not Biden initiatives. And yes i am not saying that the Democrats don't ever produce progrowth policies. I am saying that the left wing of the party largely doesn't care about them.
Thank you for responding.
I was going to say exactly what your earlier commenters wrote....and "bipartisan"???? Yes, 23 Republicans in the House and Liz Cheney in the Senate voted yes on the CHIPS act....and of those, many were retiring or had lost their primary. The overwhelming Republican vote was NO.
Dear Robert! As always, a clear and insightful analysis. But I agree with William Kleinknecht's comment. You missed Bidenomics with its grandiose industrial policy. I'm not sure that green energy is a prerequisite for future economic growth, but Bidenomics also included many other areas of industrial growth, such as electronics.
A very provocative piece. I enjoyed reading it. But I wish it had addressed major legislation signed by Joe Biden to spur manufacturing, technical innovation, infrastructure improvements and the development of green energy, the latter being a key element of future economic growth. Trump dismantled much of what Biden put in place and has ceded green energy to the Chinese. He is even paying corporations to abandon their wind-energy projects to clear the way for coal and oil drilling, hardly a wise growth strategy for the future.