As American as Apple Pie

No argument, Krugman's take on Biden's infrastructure plan is as American as Apple Pie as Ike, TR, FDR and JFK did the same thing and the country prospered. The repugs will try to do the takedown but people and the country want this to happen and it will, contrary to the never ending negativity of The Turtle and the underlings taking up space in the Senate. 

House Democrats are hoping to pass President Biden’s infrastructure bill by July 4, because of course they are. The Biden team is making a point of wrapping its economic initiatives firmly in the flag. First came the American Rescue Plan; now we have the American Jobs Plan paid for by the Made in America Tax Plan.

And why not? Trumpism was, in part, about the appeal of economic nationalism, so it makes sense to try to snatch away that appeal on behalf of good policy. It’s also a pre-emptive defense against the inevitable Republican attacks; Donald Trump, who still exists, has already denounced Biden’s plan to raise corporate taxes as a “classic globalist betrayal.” No, he isn’t making sense.

The Biden administration infrastructure fact sheet alludes to part of that history, declaring that the plan “will invest in America in a way we have not invested since we built the interstate highways and won the space race.” Indeed, one way to think about the Biden program is that it’s an attempt to bring back the Dwight stuff — that is, in fiscal terms it would represent a partial return to the Eisenhower era, when we had much higher government investment as a share of gross domestic product than we do now, and also much higher tax rates on both high-income individuals and corporations.

The era of big government investment and high taxes on the rich coincided, not incidentally, with the U.S. economy’s greatest generation — the postwar decades of rapidly rising living standards.

It's about time ...