On Politics and Policy

It may be April Fools’ Day, but the Biden infrastructure bill is a Christmas tree. It has something for almost everyone: unions; environmentalists; rural residents; and China hawks, just to name a few. As of today, it polls very well with the public.

And that’s good! As long as money remains essentially free, there is no real down side to courting popularity with spending.

One thing Obama didn’t do well is get the politics right on his stimulus bill. Biden has learned from that mistake, with some help from the GOP, which is already whining about debt to an indifferent public.