Biden’s Increase in Government Spending Won’t Touch Capitalists’ Power
Joe Biden’s recent spending spree can make the United States a less miserable place. But the president has no interest in bringing about the structural change that would weaken the power capitalists have over workers.

President Joe Biden speaks about the nation’s COVID-19 response and the vaccination program in the State Dining Room of the White House on June 18 in Washington, DC. (Drew Angerer / Getty Images)
Joe Biden’s turn to supporting large-scale government spending, after rallying the Democratic Party establishment to defeat Bernie Sanders in the primary, has stunned much of the Left. After signing a $1.9 trillion COVID relief bill, he is now advancing an additional $1.7 trillion infrastructure bill, to be spent over the next eight years. These bills include far more than the base level measures necessary to address the pandemic or to simply repair highways and bridges. Surprisingly, Biden has sought to expand the definition of infrastructure to include spending on elderly care, housing, schools, childcare, and other social programs.
This level of social welfare spending goes beyond anything we’ve seen in the neoliberal period. Obama’s stimulus, enacted immediately after the 2008 crisis, amounted to $831 billion. All the social programs funded through these bills would make the United States a kinder and more civilized place to live.
So it’s understandable that the Left, still stinging from Sanders’s defeat, has been put on the back foot by this offensive — especially as Biden initially seemed to show an unexpected willingness to eschew bipartisanship (although even this limited boldness is fading with time).