Wednesday, April 28, 2021

Axios AM Thought Bubble: Big government is back

Plus: Biden goes off script | Wednesday, April 28, 2021
 
Axios Logo  Alerts
 
View in browser
 
Presented By Amazon
 
Axios AM Thought Bubble
By Mike Allen ·Apr 28, 2021

Good evening: Axios' Glen Johnson, Alayna Treene and Hans Nichols here with snap analysis of President Biden's joint address to Congress.

Smart Brevity™ count: 347 words, a 1.5-minute read.

 
 
1 big thing: Big government is back

President Biden during a joint session of Congress, with Vice President Kamala Harris and House Speaker Nancy Pelosi behind him. Photo: Melina Mara/The Washington Post/Bloomberg via Getty Images

 

President Biden made clear tonight the era of big government is back, and he wants the wealthiest Americans to pay for it.

Why it matters: As he moves beyond his first 100 days, the president has to find a way to sell a more aggressive part of his agenda.

  • In poll-tested language, he talked about expanded health care, education and tax credits, but he promised the middle class wouldn't have to pay the bill.

He said the rich would pick up the tab, because the middle class is "already paying enough."

  • "Twenty million Americans lost their jobs in the pandemic — working- and middle-class Americans," Biden said. "At the same time, roughly 650 billionaires in America saw their net worth increase by more than $1 trillion."
  • "My fellow Americans, trickle-down economics has never worked. It's time to grow the economy from the bottom up and the middle out."

Between the lines: Biden was surrounded by historic firsts. He opened by noting he was backed by Vice President Kamala Harris and House Speaker Nancy Pelosi.

  • "Madam Speaker, Madam Vice President," he said, "no president has ever said those words from this podium. No president has ever said those words, and it's about time."
Photo: Melina Mara/The Washington Post/Bloomberg via Getty Images

In front of him, he saw a COVID-limited audience of just 200 members of Congress, his Cabinet, the Supreme Court and diplomatic corps.

  • And above, another first: Second gentleman Douglas Emhoff.

He added whole sections to his prepared text, a deviation from his stick-to-the-script approach to the first 100 days.

  • In one noteworthy moment, he thanked Senate Minority Leader Mitch McConnell for leading the effort to name a cancer bill after the president's late son, Beau Biden.
  • In another, he warned China is "deadly earnest on becoming the most significant, consequential nation in the world."

The bottom line: Biden pitched most of his non-COVID proposals with a common refrain: jobs, jobs, jobs.

Biden exits after his speech. Photo: Jim Watson/AFP/Bloomberg via Getty Images
Share on Facebook Tweet this Story Post to LinkedIn Email this Story
 
 

A message from Amazon

Watch what happened when Amazon raised their starting wage to $15/hr
 
 

Amazon saw the need to do more than the federal minimum wage of $7.25/hour.

In 2018, they established a $15/hour starting wage, and they've seen the positive impact it's had on their employees and their families first-hand.

Learn more about the company's benefits.

 
 

Axios thanks our partners for supporting our newsletters.
Sponsorship has no influence on editorial content.

Axios, 3100 Clarendon B‌lvd, Suite 1300, Arlington VA 22201
 
You received this email because you signed up for newsletters from Axios.
Change your preferences or unsubscribe here.
 
Was this email forwarded to you?
Sign up now to get Axios in your inbox.
 

Follow Axios on social media:

Axios on Facebook Axios on Twitter Axios on Instagram
 
 
                                             

No comments:

Post a Comment

J.P. Morgan preparing for market meltdown?

Why is J.P. Morgan stockpiling silver? ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ...