Gambling

Ever-hopeful, Wall Street Journal columnist William A. Galston continues to press for a compromise infrastructure plan:

The administration appears to have decided to move the entire plan through the Senate using the budget-reconciliation procedure, which requires only a simple majority. The Senate parliamentarian’s reported willingness to allow more than one reconciliation bill on a single year’s budget will encourage this strategy. But leading Republicans have indicated their willingness to do business with Democrats on pieces of the bill—road, bridges, dams, water systems, ports and airports, as well as broadband and measures to counter China’s economic rise. Why not explore the possibility of a discrete bipartisan agreement before moving on to areas where agreement is unlikely?

The administration’s apparent course is not without risks:

If the administration guesses wrong, it will unravel its gains among moderate and suburban voters and restore a Republican congressional majority. If I were President Biden, I would take out an insurance policy by demonstrating my openness to honorable compromise before going to the mattresses.

I have no particular insights into the thought processes of the Biden Administration but I would speculate that they believe that the $2.2 trillion plan (which will probably cost considerably more) will attract “shy progressives” to their banner. I believe those are just as mythical as “shy conservatives”.

Failing that it may just be the Conan the Barbarian strategy:

Warlord: “What is best in life?”
Conan: “To crush your enemies, to see them driven before you, and to hear the lamentations of their women.”

5 comments… add one
  • steve Link

    Maybe just playing to the base. More likely they are hoping it helps, along with Covid recovery, to give us big time economic growth. As we saw with Trump people dont actually seem to care how you achieve growth so running up debt to help do it is just fine.

    Steve

  • Drew Link

    “I have no particular insights into the thought processes of the Biden Administration…”

    Joe Biden announced as part of the rationale for his spending, er, infrastructure, bill that commercial jet liners will travel 21,000 mph. This is no misspeak; they left it in the official transcripts. Now correct me if I’m wrong, but I believe the fastest military craft are about 2000 mph.

    Maybe the insight is that Biden is a flat damned idiot. But I’m sure Jen Psaki will explain it all away to the clapping seals.

  • TastyBits Link

    @Drew

    They probably mean solar powered planes.

  • steve Link

    Elon Musk says stuff like this and he is called a genius. I dont think Musk is proposing solar power but I am sure TastyBits can show me the quote where he said that.

    https://www.sciencetimes.com/articles/19037/20190323/elon-musk-and-spacex-plan-to-revolutionize-intercontinental-flights.htm

    Steve

  • Elon Musk says stuff like this and he is called a genius.

    Not by me. I think he’s a hustler who embodies qualities about which you frequently complain: the ability of the rich to manipulate the rules in their own favor.

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