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Making Bricks Without Straw: Biden’s Raw New Deal for America

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Making Bricks Without Straw: Biden’s Raw New Deal for America
Sen. Joe Manchin (D-W.Va.) talks to reporters as he departs the U.S. Capitol after a vote in the Senate on Capitol Hill on June 10, 2021. Evelyn Hockstein/Reuters
Chris Temple
Updated:
Commentary

Sen. Joe Manchin (D-W.Va.) chose the setting of the Sunday morning cable talk show circuit on Dec. 19 to officially report that he won’t vote in favor of the current version of President Joe Biden’s so-called Build Back Better (BBB) boondoggle. With all 50 Democrat senators needed (as well as Vice President Kamala Harris as the tiebreaker) for the measure’s approval, this has effectively killed the signature legislative initiative of the Biden administration.

Chris Temple
Chris Temple
Author
Chris Temple has set himself apart with his unique ability to make the intricacies of the markets and our world understandable to the average person, chiefly via his newsletter The National Investor.  With over five decades in the financial and investment world, his commentary has appeared in Barron’s, Forbes, Investors’ Digest, among other publications. To discover how to get his proprietary research in the paid newsletter service, go to The National Investor.
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