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The passage of a bipartisan infrastructure bill worth $ 1.2 billion and a recovering economy dispel the right-wing scare tactics

In March 2021, Congress passed the US $ 1.9 trillion bailout plan to boost the economy that withered during the coronavirus pandemic. The plan extended unemployment benefits and provided incentive payments for individuals. It increased the benefits of the grocery brand and significantly expanded the tax credit for children, putting money in parents’ pockets. It provided grants to small businesses and local, state, and tribal governments. It provided money for schools, housing, and health care.

Not a single Republican voted for the measure.

The Bureau of Labor Statistics released its monthly job report for October on November 5, and the news was good. The country has created 531,000 new jobs and figures for the previous months have been revised to include more complete data. They showed that 235,000 more jobs were created in August and September than were previously counted. According to the news, the US economy hit 4.6% unemployment two years ahead of schedule.

Since Biden took office, the US has created more than 5.6 million jobs. This reflects the recovery from the pandemic lows and means that Biden created more jobs in the first 9 months of his presidency than the last three Republican governments put together for 16 years. The news sparked a rally on the stock market.

The Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite, all ways to measure the stock market, all closed at record highs, a strong sign given that right-wing politicians have insisted that Biden’s policies would harm the economy.

“A bold fiscal policy works,” Treasury Secretary Janet Yellen wrote on Twitter. “A rebound like this was never a given. When our government took office in January, there was a real risk that our economy would slide into a prolonged recession. Now our recovery is overtaking other wealthy nations. ”She credited the recovery to the American rescue plan and Biden vaccination campaign that vaccinated 193 million Americans against the novel coronavirus.

When Biden supporters turned the obscene right-wing rally scream “Let’s go, Brandon” on its head, Biden supporters trended #ThankYouBrandon on Twitter for November 5th.

The new numbers also show that women are still not returning to work in numbers that reflect the pre-pandemic era. Experts believe the lack of safe childcare and concerns about schools keep women away from work. The Better Government Infrastructure Bill would address those concerns, and after months of complicated negotiations, Biden today gave a big push to get the House to move on with the move.

The Build Back Better bill is paired with the smaller bipartisan infrastructure move, and this morning Republicans tried to adjourn Congress instead of allowing Democrats to bring it up. Their efforts failed, and House Democrats negotiated all day as House Speaker Nancy Pelosi tried to put down the final details while President Biden put pressure on lawmakers, both the bipartisan Infrastructure Bill and the Build Back Better -Measure to adopt.

Finally, on November 5, around 11:30 p.m., the House of Representatives passed the $ 1.2 trillion Infrastructure Investment and Jobs Bill (HR 3684) by 228 votes to 206. Biden promised to adopt a bipartisan measure, and after nine months of hard work, he did it. Thirteen Republicans voted for the bill and six progressive Democrats voted against. The Senate had already passed the measure, now it is going to his desk to be signed.

This bill is a huge investment in infrastructure. Over the next 8 years, $ 110 billion will be spent on road and bridge repairs, $ 73 billion on electricity, $ 66 billion on railroads, $ 65 billion on broadband, $ 55 billion on water infrastructure, $ 47 billion for coastal adaptation to climate change, $ 39 billion for public transportation, and so on.

“Regardless of politics, the passage of a bipartisan infrastructure bill worth $ 1.2 billion is a tremendous legislative achievement for Biden – and one that Trump has never come close to.” – Hugo Lowell

As soon as the Democrats in the House of Representatives passed the $ 1.2 trillion Infrastructure Investment and Employment Act (HR 3684) through a bipartisan vote, Republicans began saying that the Democrats were ushering in “socialism”. When Republicans warn against socialism, they don’t mean actual socialism, that is an economic system in which the means of production, i.e. factories and industries, belong to the people. Specifically, this means that they are owned by the government.

True socialism was never popular in America, and practically nobody talks about it here today. The best it ever did in a national election was in 1912, when union organizer Eugene V. Debs, who ran for president as a socialist, won a whopping 6% of the vote, finishing behind Woodrow Wilson, Theodore Roosevelt and William Howard Taft . True socialism is not a real threat in America.

What politicians mean today when they shout “socialism” in America is something completely different. It is a product of the years immediately after the Civil War when black men were first given the right to vote. Eager to join the free labor system from which they were previously excluded, these men, along with poor white men, voted for leaders who pledged to rebuild the south, provide schools and hospitals – as well as much-needed prostheses for veterans and the elderly Developing economies with railroads to give all men equal opportunities to work hard and move up.

Former Confederates loathed the idea of ​​black men voting. But their opposition to racial voting by blacks passed stormily into the Fifteenth Amendment, which, when ratified in 1870, gave the US government the power to ensure that no state denied a man the right to vote “on account” of race When white ex-Confederates tried to force their black neighbors out of the polls, Congress created the Justice Department in 1870, which began persecuting members of the Ku Klux Klan who ran the south had terrorized.

With racial discrimination now banned by the federal government, the southern white elite changed their approach. They insisted that they objected to black voting not on racial grounds, but because black men voted for programs that redistributed wealth from hard-working whites to blacks, since hospitals and streets would cost taxpayers’ money and whites would be the only ones with taxable assets are in the reconstruction south. Poor black voters settled down, a popular magazine wrote, “Socialism in South Carolina”.

This notion that it was dangerous for poor workers to have a say in government took hold in the north as immigrants moved to growing cities to work in the new factories. Like their counterparts in the south, they voted for roads and schools, and the rich men of the north also insisted that these programs involved redistributing wealth through taxpayers’ money.

They became even more concerned when the majority of Americans began calling for regulation to deter businesspeople from wearing down consumers, polluting the environment, and poisoning the food supply – milk was preserved with formaldehyde and candy was often painted with lead paint. Wealthy men argued that any attempt to regulate business would harm a man’s freedom, while an army of bureaucrats to enforce regulations would cost taxpayers’ money and thus redistribute wealth from wealthy men to the poor, those of the poor Regulations would benefit.

Long before the Bolshevik Revolution in Russia raised fears of a workers’ government, Americans who opposed regulation insisted that their economies be besieged by socialists. While this belief led to a redistribution of wealth, since ordinary Americans were prevented from voting, it went up dramatically, not down.

Indeed, regulating the economy and promoting infrastructure is not the international socialism that Republicans claim today. According to Abraham Lincoln, who first formulated the principles of the Republican Party and under which the party invented the American income tax, “the legitimate government goal is to do whatever it is for a community of people to do, but not at all or not Doing good for themselves – in their separate and individual capacities. ”Such things included, he wrote,“ public roads and highways, public schools, charities, poverty, orphanages, properties of the deceased, and the machinery of government itself ”.

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