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For Once, I Actually Agree with Joe Biden.
Biden’s recent comments about setting aside concerns for the deficit are correct.
It should go without saying that Joe Biden was far from my first choice to be the Democratic nominee for President, let alone the man who will ultimately be responsible for getting the nation out of a health and economic crisis the likes of which we haven’t seen in modern history. Even setting aside his past rhetoric, Biden’s decades long career in politics has been enough of an indication about how he will govern. Whether it be the fact that he was the architect of the predatory 1994 crime bill or that his bankruptcy bill helped to create the current student debt crisis, there’s no denying we have legitimate reasons to be concerned about what to expect under his presidency. However, even I have to admit I wholeheartedly agree with his recent comments concerning the nation’s deficit.
Sahil Kapur with NBC writes:
“President-elect Joe Biden said Friday that he favors setting aside concerns about the federal deficit in order to spend more money to boost the ailing American economy.
“Every major economist thinks we should be investing in deficit spending in order to generate economic growth,” Biden told reporters Friday, citing low interest rates and limited Federal…
