Joe Biden unveiled his economic plan in Pennsylvania Thursday. If I had to sum it up in a few words, they would be: “Exactly like Trump, only with a lot more government. And he doesn't really mean it.”
It’s almost funny to see how much “America first” rhetoric Biden has cribbed from Trump, after spending the past three years accusing Trump of being a xenophobic fascist for putting America first. I guess it’s not xenophobic if you don’t really mean it. I have to assume Biden’s talk about bringing back manufacturing jobs from overseas and standing up to China and being “laser-focused on working families” is all banana oil. That’s because he’s done nothing about any of those issues during 42 years in government, the last eight as veep to a President who scoffed that Trump would need a magic wand to bring back manufacturing jobs. Also, Biden mocked Trump for suggesting that China was our adversary. And frankly, I don’t think he can laser-focus on anything these days.
What he’s mostly done is take popular buzzwords from Trump, like “bring back American manufacturing jobs,” and parrot them while proposing a lot of big government plans that would actually retard growth. Before the pandemic (from CHINA) knocked down the economy, Trump was standing up to China, renegotiating bad trade deals, bringing manufacturing back to the US and creating real private sector growth, with record low unemployment in all demographics and wages rising for the first time in years.
One of the biggest keys to that was that Trump cut taxes and slashed the onerous regulations that were acting like a boot on the neck of business. Biden now claims he will “stimulate” the economy by having the government spend hundreds of billions of dollars on American goods (with money raised from new high taxes on Americans, who might have spent their money on American goods themselves if they hadn’t had to send it to Washington) and tons more new regulations to pick winners and losers in the markets and punish industries that don’t do what he wants them to do.
Sorry, but I’ve seen those policies, and their lousy results, before. I believe it was during the Obama-Biden Administration. Trump calls his plan, “Keep America Great.” If Joe is looking for a name for his, I’d suggest “The ‘Fool Me Twice, Shame On Me’ Plan.”