President Joe Biden is “declaring the end of Reaganomics” with his bills for family, infrastructure, and the promise to tax large companies 15 per cent, according to Sky News contributor Michael Ware. “He is questioning here in America the fundamental role of government and we all know that there is great distrust in American culture of the government, of big government," he told Sky News. "As Ronald Reagan famously once said the worst sentence in in the English language is ‘I’m from the government I’m here to help’. “Biden has the opposite view, he’s declaring the end of Reaganomics and says the trickle down of wealth effect doesn’t work to help people in the lower classes and in the middle class, so he’s ushering in a return to big government.” Mr Ware said President Biden’s bills and tax plans totalling a whopping $6 trillion were “truly rivalling” previous presidents’ reforms on the same issue. “He’s truly rivalling President Roosevelt in the '30s during the Depression and is exceeding President Johnson in the ‘60s with his Great Society reforms.”
from Latest World News Headlines | Daily Telegraph https://ift.tt/32YA0vJ
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Thursday, April 29, 2021
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Latest World News Headlines | Daily Telegraph
Joe Biden is ‘ushering in a return to big government’
Joe Biden is ‘ushering in a return to big government’
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