Biden’s reconciliation-driven spend without strings or reform policy agenda seems to reverse Obama-era technocratic trends in Democratic policymaking, with a return to old Dem pol constituency distribution objectives. But it also reflects updated & diversifying academic advice
Economists have largely changed their balance of concerns on deficit spending & on cash benefits. Biden is also relying on more diverse & sociologically-inspired academic advice, visible in defining infrastructure to include social care & greater attention to racial equity.
Points 3 & 4 in @ezraklein's column are similar, but he emphasizes economics losing credibility & change in public mood:
nytimes.com/2021/04/08/opi…
Point #2 about the new generation of staffers also applies to the academic help: more diverse, liberal, & less tied to traditional econ
nytimes.com/2021/04/08/opi…
Point #2 about the new generation of staffers also applies to the academic help: more diverse, liberal, & less tied to traditional econ
But I'm not sure it is so surprising. Biden's campaign plans were large. His premise was that it didn't have to be sold as revolution or transformation. Liberalizing policy trends could be absorbed into the traditional Dem focus on problem solving for diverse constituencies
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