President Joe Biden’s $1.9 trillion COVID-19 stimulus was perhaps, next to the border crisis he created, the worst misgovernment of his presidency, although competition for that shameful accolade is fierce. By funneling hundreds of billions of dollars in temporary spending into a rapidly heating economy through programs such as enhanced unemployment insurance, expanded child tax credits, and food stamp “emergency allotments,” Biden fueled the worst inflation in a generation, sending prices soaring past wage gains and making almost everyone poorer.
Now that the last of these temporary spending boosts, the enhanced tax subsidies for health insurance premiums, are coming to an end, Democrats have shut down the federal government in an effort to preserve them forever. Republicans should resist this blackmail and not waver, so the last of America’s COVID madness can end.
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