Best of the Left - Leftist Perspectives on Progressive Politics, News, Culture, Economics and Democracy

#1406 RIP Austerity, the American Rescue Plan and the End of Reaganism


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Air Date 3/23/2021

Today we take a look at the American Rescue Plan and discuss what it does, where it falls short and whether it could signal the end of an era. 

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SHOW NOTES

Ch. 1: Biden's 'American Rescue Plan' May Ultimately Be Seen as the End of the Reagan Era Part 1 - The Bradcast - Air Date 3-11-21

President Biden today signed his American Rescue Plan, the $1.9 trillion COVID rescue and relief package that history may someday regard as the long-overdue end of the four-decade old Reagan Era. Zero Republicans in the House or Senate voted for it.

Ch. 2: In Rejection of Austerity, Democrats Push Forward Landmark $1.9 Trillion Relief Package - Democracy Now! - Air Date 3-10-21

We speak with economist Stephanie Kelton, author of "The Deficit Myth," about how the bill could help cut child poverty in half and provide a historic economic boost to the poorest people in the United States.

Ch. 3: End of Conservative Era? - Thom Hartmann Program - Air Date 3-15-21

Are we leaving Reagan and Nixon behind for a new FDR era? Is America waking up to the horrors of Reagan and Nixon?

Ch. 4: Biden's 'American Rescue Plan' May Ultimately Be Seen as the End of the Reagan Era Part 2 - The Bradcast - Air Date 3-11-21

President Biden today signed his American Rescue Plan, the $1.9 trillion COVID rescue and relief package that history may someday regard as the long-overdue end of the four-decade old Reagan Era. Zero Republicans in the House or Senate voted for it.

Ch. 5: Help Is On the Way - OFF-KILTER with Rebecca Vallas - Air Date 3-12-21

To break down the major income-boosting elements in the ARP Act, and a look at what families can expect to receive in economic relief— Seth Hanlon, a senior fellow at the Center for American Progress and a former advisor to President Obama for tax policy.

Ch. 6: The End of Trickle-Down Economics Joe Stiglitz on the "Transformational" $1.9T American Rescue Plan - Democracy Now! - Air Date 3-12-21

Biden has signed the $1.9 trillion COVID-19 relief package, Democrats are hailing as the largest anti-poverty bill in a generation. “This is transformational,” says economist Joseph Stiglitz. “It says, 'We are actually going to live up to our aspirations"

Ch. 7: What's In Biden's Relief Bill - The Majority Report w Sam Seder - Air Date 3-13-21

Highlighting the change in political philosophy that this relief bill demonstrates as well as understanding the 'stickiness' of good policy that helps people

Ch. 8: Prof. Richard Wolff Imagining a Real American Rescue - The Zero Hour with RJ Eskow - Air Date 3-11-21

Prof. Richard Wolff explains that this relief bill is not a giant giveaway, it's a small downpayment on returning what is owed to the poor and working classes for the upward redistribution of wealth over the past 50 years

Ch. 9: Stimulate This Beyotch - Unf*cking the Republic - Air Date 3-19-21

An analysis of the outcome of the relief bill and what it says about our country's ability to govern itself thoughtfully. And alsop swearing.

MEMBERS-ONLY BONUS CLIP(S)

Ch. 10: No, the relief bill won't cause inflation (with Austan Goolsbee) - Pitchfork Economics with Nick Hanauer - Air Date 3-9-21

Moderate Democrats and Republicans alike repeated one common criticism—that infusing so much money into the economy would cause inflation. Austan Goolsbee, past Chairman of the Council of Economic Advisers, explains why those fears are misplaced.

Ch. 11: Prof. Richard Wolff Imagining a Real American Rescue Part 2 - The Zero Hour with RJ Eskow - Air Date 3-11-21

Prof. Richard Wolff explains concierge doctors and the privatization of everything.

VOICEMAILS

Ch. 12: Universal earned income benefits - Scott

Ch. 13: No Payments to Families with Children - Rich

FINAL COMMENTS

Ch. 14: Final comments on child welfare programs and perverse incentives

EDUCATE YOURSELF & SHARE

The goal is "Improved Medicare for All" and we must keep pushing for it, but if you need help right now, you should know...

NY Times: "The American Rescue Plan [...] would increase government subsidies to health insurers for covering recently laid-off workers and those who purchase their own coverage."

NY Times: "The first step of the federal upgrade should be ready by April 1: Healthcare.gov, where people sign up for insurance in 36 states, will start showing prices that reflect the new policy."

Need Health Insurance? A Guide to New Options Under the Stimulus. (NY Times)

Obamacare’s About to Get a Lot More Affordable. These Maps Show How. (NY Times)

Written by BOTL Communications Director Amanda Hoffman 

MUSIC (Blue Dot Sessions):

  • Opening Theme: Loving Acoustic Instrumental by John Douglas Orr 
  • Voicemail Music: Low Key Lost Feeling Electro by Alex Stinnent
  • Activism Music: This Fickle World by Theo Bard
  • Closing Music: Upbeat Laid Back Indie Rock by Alex Stinnent

SHOW IMAGE: 

Image Description: In foreground, a gravestone with the words "R.I.P. Reaganism" and in the background, part of a stimulus check from the U.S. Department of Treasury.

Credit: Composite design & text by Amanda Hoffman. Grave image (Pixabay), Stimulus check image (Pixabay)

 

Produced by Jay! Tomlinson

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