The American way versus the politicians’ way

ECONOMY: March 2, 2023

Let’s call it the “Biden way”: When our president can’t get his policies through Congress, he tries to impose them in other ways. Just look at his student loan forgiveness plan, which faced a stiff Supreme Court challenge this week, and his imposition of stricter “Buy American” provisions to the infrastructure-spending bill. Now, he wants to reshape corporate America by attaching the big string of “high-quality” child care to, of all things, semiconductor subsidies.