WASHINGTON EXAMINER
Coronavirus debt will kill Left's policy dreams
by Washington Examiner
| April 23, 2020 12:00 AM
The coronavirus has disrupted the economy so much that it convinced Republicans, even the most conservative ones, to support a $2.2 trillion relief package. This support is perfectly appropriate and in tune with conservative ideals. There is a crucial distinction between bailing out failed businesses and compensating those whom government has made idle in the name of the public good.
Still, some believe that these temporary measures will empower the Left to advance a sweeping social welfare agenda. The problem for those seeking a dramatic expansion of government is that, once the dust settles on this crisis, there simply won’t be any money left for permanent expansions of government.
Before the coronavirus hit, Joe Biden, the Democrats' presumptive presidential nominee, was calling for $6 trillion in new spending to expand Obamacare, housing, and for a web of new expenditures on climate change. But, once the United States emerges from this crisis, the federal government will be saddled with the largest debt in history. Neither Biden nor anyone else will be in any position to pile on more.
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READ MORE: https://www.washingtonexaminer.com/opinion/editorials/coronavirus-debt-will-kill-lefts-policy-dreams
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Thursday, April 23, 2020
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