Business lobbyists swarmed over Washington, ripping chunks out of his Build Back Better program.
The Democrats seemed to have the means to do it: control of Congress, a pandemic-induced national emergency that cried out for robust government intervention, and relative unanimity between their warring wings.Įleven months into his term, and a year from a midterm election that appears likely to end his legislative majority, the cold reality for Biden is that his presidency is on the brink of failure.
He would usher in a New New Deal that would end the long Reagan era in which Republicans painted government as an enemy of normal Americans. This was the vision that entranced liberals in the heady months after Biden’s inauguration. The money would come from taxing the rich, bargaining down the cost of prescription drugs, and going after wealthy tax cheats. The elegance of this plan was that polls showed support not only for the new social provisions that would form the heart of his legislative agenda in his first year - child care, community college, expansions of Medicare and Medicaid, and so on - but also for the sources of their funding. The Democrats had a plan to rescue their party and the country: Biden would steer clear of the faddish slogans and radical demands that had seized his party’s base and focus relentlessly on practical benefits desired by the working-class voters who had deserted Democrats for Donald Trump. If his approval rating sinks too far below 50 percent, it becomes more likely than not that the next election will reinstall into power his exiled predecessor, who has never relinquished his claim and by all appearances is intent on running for a second term in 2024. It is scarcely an exaggeration to say that the fate of American democracy may hinge on President Joe Biden’s success.
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