When it comes to stimulus, President Joe Biden has carved out a signature spot in American history. From his role as “sheriff” overseeing Democrats’ massive 2009 stimulus law to signing an even bigger stimulus bill as president in 2021, Biden is more closely associated with partisan stimulus policy than any other politician. And the disastrous political consequences of his stimulus-law failures may prove to be Biden’s most enduring legacy.

In the aftermath of the 2008 election, as the severity of the Great Recession became more apparent, President Barack Obama and Vice President Biden worked with Democratic congressional leaders to craft what …

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