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Paul, I grew up reading your essays and have a lot of respect for you. But with all due respect, I think you are conflating two separate issues.
The fact that they're separate issues is exactly my point. The problem with the GND is that it mixes them together.
I'm not sure where you are getting that from. You should actually check out the resolution. We never talk about taxes as a financing mechanism, but we do talk about equity stakes and public banks.
I agree with you that there is a problem with our media wanting to conflate them (because saying 'socialism' and 'raise taxes' drives clicks, so they want to stick it all together). We do our best to combat this, but the power of clickbait is strong.
That’s how things get done. Little major legislation has ever not had a two sided support structure. I’d really enjoy you spending more time reading political economy books or talking to some historians about these issues.
remember 2008 crisis, the passed aiding bill to save the ship, how many non related spending stuffed in it? The whole democratic mechanism is the reason, and GND is just another result.
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