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In Cambridge, England with my husband for the winter, I’ve been humbled by how envious our British friends and family are of the booming U.S. economy.
After 13 years of Tory austerity and trickle-down tax cuts for the wealthy, ordinary Brits are fed up with their sluggish economy, a starved National Health Service that once was the world’s model for universal health care, persistent inflation and many having to choose between buying food, or fuel to heat their homes.
They marvel at how quickly the U.S. seems to have recovered from the COVID crisis while also creating an expanding economy. We’re also rebuilding our infrastructure and are rapidly developing renewable energy sources.
When President Joe Biden took office three years ago the economy was on the brink and inflation was rising. So, what happened? Biden had the wisdom, courage and imagination to invest in our economy, building from the bottom up and middle out — rather than cutting taxes for billionaires and corporations — and we’re now beginning to see the results. It’s notable that much of Biden’s investment has gone to red states, whose Republican representatives in Congress voted against the appropriations, but are now touting the money “they’re” bringing home.
Watching our economy grow twice as fast as Europe’s in the last three years, our family and friends here in the UK wish their government would invest in them, as Biden has in us, so they could enjoy the same good fortune.
Susan Goodwillie Stedman
Westport Island
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