Biden’s 'fundamental' economic changes are fundamental failures

In a press briefing last week, White House press secretary Jen Psaki went to great lengths to explain that the Democrats’ reconciliation spending bill is not merely geared toward improving unemployment or sparking economic growth — the goal is to transform America’s economy.

President Joe Biden seeks to “do something historic that will fundamentally change the economy,” Psaki declared. He’s seeking to make “fundamental changes,” she added. She later noted that the president seeks to “make fundamental change in our economy,” “change fundamentally how we invest in our workforce,” “fundamentally change the economy,” and “fundamentally change people’s lives.”