Biden's stained legacy
As he enters the final month of his first and only presidential term,
Biden rightly boasts that he's leaving his successor a strong economy -- perhaps the best in the world. Inflation is under control, gas is down to
Unemployment is holding steady at 4%, and Biden's most enduring achievements -- major investments in infrastructure upgrades, computer chip manufacturing and clean energy innovation -- will generate economic vitality for years to come.
But one fact threatens to overshadow those positives and indelibly stain his reputation. Biden hands that economy over to
As Democratic strategist
It was an act of supreme selfishness and self-delusion that doomed his party from the beginning. There's no guarantee that a younger, fresher Democrat -- especially a governor with no ties to
That's largely -- but not completely -- true. Biden has always been a union man focused on creating good-paying jobs for the working-class folks he grew up with in Scranton. And he's entitled to chide his Republican foes who voted against his economic initiatives and now embrace the benefits they will produce.
"Some of my friends in the
"Going to be interesting," Biden said. "Going to be interesting."
He even taunted Trump, who has vowed to roll back many of Biden's policies: "Will the next president stop a new electric battery factory in
Here's the problem: Notice that Biden says his programs "will create thousands of jobs" -- but that's in the future. His economic successes came too late to save his party politically, and how they will affect his legacy is still an open question.
There are other questions as well. Biden was good at creating jobs, but not joy; at encouraging industry, but not inspiration. He was handed a nation soaked in pandemic gloom that he was never able to dispel. On
Then there is his decision to pardon his son Hunter, who was facing jail time for tax- and gun-related crimes. Many parents could sympathize with Biden's instinct to protect his child, but his real sin was not devotion, it was deception.
"The problem that
Judgments must be tentative as a president leaves office. History has a way of burnishing reputations as time goes by.
But as he departs, we know two things for sure about Biden: His economic policies have largely succeeded. And his political mistakes helped leave that economy to his worst enemy.
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