Biden Bets on the Poor to Juice the Economy

Jim Tankersley: “Mr. Biden’s $1.9 trillion economic relief package, which cleared the Senate on Saturday and could be headed for the president’s signature in a matter of days, would overwhelmingly help low earners and the middle class, with little direct aid for the high earners who have largely kept their jobs and padded their savings over the past year.”

“For the president, the plan is more than just a stimulus proposal. It is a declaration of his economic policy — one that captures the principle Democrats and liberal economists have espoused over the past decade: that the best way to stoke faster economic growth is from the bottom up.”