The State of the Union, Analyzed
On the heels of a historic week, President Biden’s first State of the Union address came with reasonably high expectations.
To reassure Americans amid the outbreak of war in Ukraine. To recognize the achievements and challenges of the last year. And most importantly, to tell a story of our nation’s future: the story of how “an equitable and more vibrant economy—high-care, low-carbon, affirmatively inclusive—is required to win the battle for democracy, at home and abroad,” as Roosevelt President and CEO Felicia Wong wrote in The New Republic before the speech.
On that last metric, the speech fell short, failing to explain the existential and intersecting threats climate change and racism pose to our economy and democracy.
“I didn’t hear the story for our collective, multiracial future that I'd hoped for,” Wong tweeted after the speech. “But Biden elevated lots that is good, including some economic sea changes that don't often get air time.”
Biden affirmed that trickle-down economics doesn’t work, and never did. That corporate profiteering and exploitation have grave consequences, as private equity investment in nursing homes has proven. And that we need to invest in the public good, as a record jobs recovery—fueled by the American Rescue Plan—continues.
Read more of Wong’s State of the Union analysis.
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