it is Mr. Biden’s reinvigoration of the government’s role as the nation’s most important investor that may endure as a turning point in the nation’s political and economic history.

Investments, like saplings, do not yield immediate fruit, and Mr. Biden has struggled to generate public enthusiasm for these long-term strategies.

  • 800XL@lemmy.world
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    1 year ago

    In this case, yes it is. The proof is everytime a President has implemented a policy that doesnt deliver economic gains immediately, it’s called a failure. That’s why Republicans always make the same plays for corps - lower taxes, remove regulations. It takes 0 effort and always gives short term gains that are bad in the longrun.

    • maynarkh@feddit.nl
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      1 year ago

      To be fair, it’s usually called a failure by corp owned media. And for most people that’s how they get all their news.