The Democrats’ social-spending package cannot repair the American Dream

IN THE 1940s Joseph Biden senior fell from early wealth to near-destitution. He moved his young family in with his in-laws as he scrabbled for work in Scranton, Pennsylvania, before re-establishing middle-class ease as a used-car salesman in Delaware. For all the weight that his son, President Joe Biden, places on the wellbeing of the middle class he also cares deeply about the opportunity to join it, or rejoin it, and to rise through its ranks.

The president’s personal story chimes with something his country sorely needs: increased social mobility. Addressing the essence of his “Build Back Better” series of bills, originally pitched as a $4trn package over ten years but now being haggled over in Congress at half that level of spending, Mr Biden has said it lies in providing people “a fair chance to build a decent, middle-class life to succeed and thrive, instead of just hanging on by their fingernails.”