Many in the nation watched last night as President Biden made his first speech to congress since taking office. Among the highlights of last night’s address, Biden touched on the nation’s status towards pandemic recovery, the economy and how he plans to tackle both with his proposed $1.9 Trillion bill.
The First 100 Days
It’s become common place for the incoming administration to blame everything bad taking place on the previous President and then take credit for everything that’s going well. We’ve seen this time and time again and the Biden Administration does not appear to be willing to break with this tradition…
Among the many topics in last night’s speech, Biden first pointed to the “failings” of the Trump administration and asked Americans to put into perspective his accomplishments when considering the mess he inherited. He specifically made reference to the pandemic, the struggling economy and the Capitol riots which he referred to as the “worst attack on our democracy since the Civil War.”
Biden was also quoted saying, “Now, after just 100 days, I can report to the nation: America is on the move again. Turning peril into possibility. Crisis into opportunity. Setbacks into strength,” just showing that he plans to take credit for any and all movement towards recovery that may occur in the early days of his administration.
This rubs many Biden critics the wrong way as they claim it was the Trump administration that took the necessary steps towards recovery and vaccine distribution and Biden merely stepped in at the last minute to take credit for another team’s hard work. This would not be unlike the early days of the Trump administration, however, when President Trump took credit for positive movements in the economy which could have stemmed from the efforts of the Obama administration.
Biden’s Economy
The first 100 days of the Biden administration have indeed seen massive growth in the economy, something that the administration is more than willing to take full credit for, but who’s really to blame for the growth of the economy as the nation begins to recover?
This really falls back, once again, on the idea of incoming Presidents taking credit for the previous administration’s efforts. Trump was no stranger to this move, and it appears Biden is following in the same footsteps.
Yes, the economy is recovering but it’s really still too early to tell if this is because of Team Biden or Team Trump.
When we look at the facts alone, it was the Trump administration that took the steps to quickly get a vaccine through testing to approval, not Biden. And as said vaccine continues to be distributed and Americans return to work, naturally the economy will receive a much welcome boost. But for Biden to take credit for this is like someone watching a cake be made only to themselves take it out of the oven and take full credit for how delicious it is. That’s not how it works…
Biden’s Appeal to Middle America
During last night’s speech, Biden continued by once again pushing for the approval of his $1.9 Trillion plan which would see an overall increase on the corporate tax rate as well as a tax hike on households making more than $400k in income a year. As it currently stands, Biden’s bill will be a hard sell to Congressional Republicans who have a long history of opposing tax hikes on the American citizen.
Biden then began his usual rehearsed appeal to middle America by referring to the jobs being created by his proposed bill, saying “I know some of you at home are wondering whether these jobs are for you. So many of you, so many of the folks I grew up with, feel left behind and forgotten in an economy that’s rapidly changing. It’s frightening,”. Continuing with his appeal to blue collar America, Biden proclaimed “Wall Street didn’t build this country. The middle class built this country. And unions built the middle class.” It’s clear Biden had a goal of reaching out to middle America Trump supporters last night as he specifically referred to this bill as “a blue-collar blueprint to build America.”
The Important Thing…
It’s easy to get wrapped up in pointing fingers in Washington. In fact, many politicians have made lifelong careers with this very strategy. The important thing to remember, however, is that the world is recovering. And in the U.S. the economy is on its way up. No matter who said what or who is responsible for what, in the end, it looks like we may be in for a smoother ride ahead…
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