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Andrew Tobias
Andrew Tobias

Money and Other Subjects

The Glass Just Might Be Half Full

December 27, 2021December 27, 2021

Biden’s Economic Performance Has Proved Unbeatable
No first-year president going back to Carter comes close to matching the current White House occupant’s No. 1 or No. 2 ranking in each of 10 key measures.

Ok?

There’s loads more to be done — like somehow breaking the spell of those who’ve been made to believe the Earth is flat, Covid is a hoax, and Trump won — but . . .


U.S. financial markets are outperforming the world by the biggest margin in the 21st century, and with good reason: America’s economy improved more in Joe Biden’s first 12 months than any president during the past 50 years notwithstanding the contrary media narrative contributing to dour public opinion.




Biden Won Big With a Bad Hand
Relative to its strength in Congress, the Biden administration has proved outstandingly successful.

By George W. Bush speechwriter David Frum . . .


Relative to its strength in Congress, the Biden administration has proved outstandingly successful. In 11 months, Biden has done more with 50 Democratic senators than Barack Obama did with 57. He signed a $1.9 trillion COVID-relief bill in March 2021: $1,400-per-person direct payments, $350 billion in aid to state and local governments, an extension of supplemental unemployment-insurance benefits and subsidies under the Affordable Care Act. He signed a $1 trillion infrastructure bill in November. He signed some 75 executive orders, many of them advancing liberal immigration goals. He’s also won confirmation for some 40 federal judges, more than any first-year president since Ronald Reagan, and twice as many as Donald Trump confirmed in his first year with a 54-vote Senate majority.

. . .

Perhaps it’s not the nature of Democrats to appreciate the glass half full. But half full it is.

The Democrats have a year remaining in the present Congress. That’s too little time to waste on recrimination, but time enough to secure voting rights, to accelerate the shift to carbon-zero fuels, and to complete and publish the investigation into the attack on Congress on January 6, 2021. A rebuff is not a retreat. It’s a sign to proceed in a different direction.




Have a great week!

 

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