"Senator Everett Dirkson once said “You take a billion here, a billion there, and pretty soon you come up with serious money.” So, what in the world has come over Joe Biden? He’s not talking about a billion here and there. Not even tens of billions; he’s talking about hundreds of billions, to the tune of $1.9 trillion in his Covid relief package. When added to the previous $2 trillion back in March and the more recent $900 billion in December, that is seriously serious money. It is 8% of one forecast for the total GDP for 2021. By way of comparison, in 2009 under then-president Obama the government passed a $787 hundred billion bailout – less than half of what Biden is proposing. Not only that, but Biden’s proposal would go mainly to workers, small businesses and local and state governments, not the banks and major corporations. "Many socialists were expecting more “austerity” – economic attacks on workers - from Biden from day one. Partly for that reason, they are not coming to grips with his Covid Relief Plan proposal." Here is a summary of the main proposals and an explanation of why: https://oaklandsocialist.com/2021/01/18/bidens-covid-relief-plan-a-temporary-pause-in-neoliberal-austerity/
-- *“Science and socialism go hand-in-hand.” *Felicity Dowling Check out:https:http://oaklandsocialist.com also on Facebook -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#5659): https://groups.io/g/marxmail/message/5659 Mute This Topic: https://groups.io/mt/79921817/21656 -=-=- POSTING RULES & NOTES #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. -=-=- Group Owner: [email protected] Unsubscribe: https://groups.io/g/marxmail/leave/8674936/1316126222/xyzzy [[email protected]] -=-=-=-=-=-=-=-=-=-=-=-
