The ironies are piling up fast in opening comments about the Biden administration infrastructure plan. Senate Minority Leader Mitch McConnell said that if the package was no more than a "Trojan horse" for a tax increase, count him as a skeptic. Yet the prior administration's tariffs did little to add to employment while imposing extra costs on goods Americans bought-in essence, a tax. Then there's a Wall Street Journal piece, which referred to the plan as Biden's "climate and infrastructure binge." The Journal should know, given its coverage of risky investment binges Wall Street remains prone to.
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