Editiorial: Economy, infrastructure thrive when Dems have the reins – By Las Vegas Sun Editorial Board (Las Vegas Sun) / June 16, 2023
We’ve said it before and we’ll say it again, the economy always performs better when Democrats are in power.
Unlike their Republican counterparts whose endless campaign for welfare for the wealthy requires low- and middle-income families to pick up the tax tab for billionaires on private jets, Democratic lawmakers are proposing policies that benefit middle-class Americans and bring good-paying manufacturing and construction jobs back to the United States.
The latest data from the U.S. Census Bureau shows that President Joe Biden’s landmark infrastructure bills, the 2021 Bipartisan Infrastructure Law and 2022’s Inflation Reduction Act (IRA) and CHIPS and Science Act, are driving an unprecedented surge in manufacturing construction.
Under Biden’s leadership, annual investment in manufacturing construction has more than doubled its pre-pandemic levels. That growth comes despite a global pandemic that crippled manufacturing and supply chains worldwide and had lasting impacts on the global workforce that are still being felt today. The manufacturing capacity being built now will help insulate us from future supply chain shocks and is in our national security interests as much as economic interests.
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