Biden’s Economic Plan Would Redistribute Trillions and Expand Government

Franklin D. Roosevelt created the modern government-funded social safety net in the 1930s to aid lower and middle-income families—paid for in part by jacking up taxes on the richest Americans. Dwight Eisenhower built the interstate highway system in the 1950s. John F. Kennedy defined federal industrial policy in the 1960s by pledging to put a man on the moon by decade’s end.

In his first 100 days in office, Joe Biden has been attempting to emulate all three, seeking to combine and update for the 21st century his predecessors’ visions...