Biden Restores America

Last week President Joe Biden spoke to congress and the American people to let us know what has been accomplished in his first hundred days and what he still plans to do. When Biden took office he promised 100 million COVID-19 vaccine shots in 100 days – the country is on track to have provided over 220 million COVID shots in 100 days.  Unfortunately due to poor leadership Texas is among the 20 worst states in getting our populous vaccinated. 19 of those 20 states are run by Republicans, which should really come as no surprise.

The American Rescue Plan passed by congress is delivering food and nutrition assistance to millions of Americans facing hunger – and hunger is down sharply already.  In addition the plan is providing rental assistance to keep people from being evicted from their homes and providing loans to keep small businesses open and their employees on the job. Due to re-opening enrollment in Affordable Care Act insurance plans an additional 800,000 Americans have enrolled so they now have access to regular health care when needed.

As a result of American Rescue Plan, the nation is on track to cut child poverty in America in half this year. Hopefully that translates to a large drop in food insecurity among children here in Texas as   That’s important not only for those children but the future of our economy as a whole because children living in poverty don’t do as well in school and have higher dropout rates leading to lower lifetime earnings, more public assistance, and another generation of children living in poverty. 4 million individual Texans of which 1.6 million are children aren’t sure when or where they’ll get their next meal. Texas is one of just 15 states with higher food insecurity than the national average.

Biden’s proposed American Jobs Plan seeks to create jobs by addressing some of the nation’s most pressing concerns. Today up to 10 million homes and more than 400,000 schools and child care centers use lead pipes in water lines. The American Jobs Plan would replace 100% of the nation’s lead pipes and service lines so every American can turn on the faucet and be certain to drink clean water that will not cause brain damage and shorten their life span.

In order to keep the United States competitive in the world economy the American Jobs Plan wouId create jobs connecting every American with high-speed internet, including 35% of rural Americans who still don’t have it. It creates jobs by building a modern power grid, something Texans know from our experience in February is desperately needed.

It will cost a lot of money to do what Biden has proposed and to pay for it he wants to increase taxes on the wealthiest among us, which of course has Republicans making evidence free claims that it will hurt the economy. After the speech Nobel prize winning economist Paul Krugman pointed out that the upper-class tax increases Biden is proposing to help him pay for this middle-class renaissance are unlikely to affect the economy the way Republicans envision. They’ve been running this same trick play for decades now, and it looks like we may finally be learning how to stop it. Bill Clinton’s tax increases on top earners didn’t just fail to bring disaster, they brought robust job growth. Krugman also noted that people “seem to forget that Barack Obama presided over a significant hike in high-end taxes at the beginning of his second term; the economy continued to add jobs rapidly, at the rate of about 2.5 million a year.”

Published in the Seguin Gazette - May 5, 2021