The Daily

Why Spending Too Little Could Backfire on Democrats

Oct 26, 2021
Jonathan Weisman, a congressional correspondent for The New York Times, dives into the complexities of the Democrats' social safety net ambitions and the cuts threatening their transformative vision. He discusses the stark reduction of a significant spending bill from $6 trillion to as low as $1.5 trillion, raising concerns about long-term stability for working-class families. The conversation also explores the political fallout from these compromises and their potential impact on the party's popularity among moderate and working-class voters.
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ANECDOTE

The Great Society

  • Lyndon B. Johnson's "Great Society" programs addressed poverty and inequality in the 1960s.
  • These programs included Medicare, Medicaid, food stamps, and education initiatives.
INSIGHT

Great Society's Impact

  • The Great Society effectively lifted many Americans out of poverty.
  • Its programs, like Medicare and Medicaid, remain popular and embedded in society.
INSIGHT

New Economic Strains

  • Despite the Great Society's success, new strains emerged among the working poor and middle class.
  • Democrats aimed to address this stagnation with new social spending.
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