A New Economic Consensus
This morning, after months of negotiations, the House passed President Biden’s Build Back Better Act. From paid leave and universal childcare to clean energy and climate resilience, the bill makes unprecedented investments in care and climate.
It also sets a new precedent: that government can and must be shaping these vital sectors to drive equitable, sustainable prosperity.
“In its ambitious economic plan, the Biden administration is . . . departing from a long-dominant neoliberal consensus . . . in favor of a sweeping new vision for economic growth based on privileging work over wealth and planet over profit,” Roosevelt President and CEO Felicia Wong writes in Foreign Affairs.
Today’s House vote was a crucial step in that direction. But on this day, we also witnessed—yet again—the entrenched hurdles to true equity. The verdict in the Kyle Rittenhouse trial reminds us that there is no justice when our judicial system protects white supremacy.
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