In a shameless display of hypocrisy that no leftist will ever acknowlegde to be true, is Joe Biden's new economic plan.
Or should I say Donald Trump's old none.
CNBC covered the story:
Launching an economic pitch expected to anchor his fall presidential campaign, Democratic candidate Joe Biden is proposing sweeping new uses of the federal government’s regulatory and spending power to bolster U.S. manufacturing and technology firms.
Biden calls for a $400 billion, four-year increase in government purchasing of U.S.-based goods and services plus $300 billion in new research and development in U.S. technology concerns. Among other policies expected to be announced Thursday, he proposes tightening current “Buy American” laws that are intended to benefit U.S. firms but can be easily circumvented by government agencies.
An outline released by Biden’s campaign also touts his long-standing promises to strengthen workers’ collective bargaining rights and repeal Republican-backed tax breaks for U.S. corporations that move jobs overseas.
“This will be the largest mobilization of public investments in procurement, infrastructure and (research and development) since World War II,” senior adviser Jake Sullivan told The Associated Press, with the campaign promising additionally that Biden would require that effort in domestic markets before negotiating any new international trade deals.
The former vice president will discuss the proposals Thursday at a metal works concern in Dunmore, Pennsylvania. It’s the first of a series of addresses Biden plans as he shifts his line of attack against President Donald Trump to the economy. It’s political turf the Republican incumbent once considered a clear advantage before the coronavirus pandemic curbed consumer activity and drove unemployment to near-Depression levels."
Breitbart News points out that Obama/Biden already used this rhetorical con job to seduce working class voters and never delivered:
Biden is expected to release plans calling for a $400 billion, four-year increase in government purchasing of U.S.-based goods and services plus $300 billion in new research and development in U.S. technology concerns. Among other policies expected to be announced Thursday, he proposes tightening current “Buy American” laws that are intended to benefit U.S. firms but can be easily circumvented by government agencies.
That echoes a message that helped Obama and Biden win during the last recession. In the 2008 campaign, the Obama-Biden campaign ran “Buy American, Vote Obama” ads in states with large numbers of pro-labor voters. But that plan was scrapped just weeks after Obama took office.
“I think that would be a mistake right now,” Obama said in February 2009. “That is a potential source of trade wars that we can’t afford at a time when trade is sinking all across the globe.”
Biden did not provide any reassurance that the same considerations would not once again result in a post-election return to globalist trade policies. In fact, Biden has a far more extensive record of supporting trade liberalization than Obama did. He supported both the North American Free Trade Agreement and Trans-Pacific Partnership.
“We don’t need to guess what a Biden economy would look like since Americans have been forced to live through it once already,” Trump campaign spokesperson Hogan Gidley said in a statement Thursday."
We all know how that ended.
People lining up for food stamps in record numbers, stagnant wage growth, and the final nail in the coffin of American Manufacturing.
The talking heads will be squawking about this plan's greatness for months.
Since their PC approved anyone but Trump, hooray for Marxism, empty suit candidate is pushing it, Nationalism ain't so bad.
But they'll never call it that anyway.
Condeming that term is only reserved for the man they call an evil, racist, cheap Hitler knockoff, Donald Trump.
If the American electorate falls for the Biden bait & switch for a third time, what they receive will be nothing like Donald Trump's economic nationalism.
It won't be about getting the government out of the economy.
It will be about weaponizing the economy in order to pick and choose which projects will be done and which companies will succeed in the aftermath of this Covid 19 economic destruction.
Or he'll just do nothing at all.