In purely political terms, the Covid pandemic is the best thing that’s ever happened to Gov. Phil Scott. He got to be seen as a decisive leader simply by outperforming the likes of Donald Trump. Throughout the 2020 campaign, he enjoyed a twice-weekly platform on live statewide television and radio. He absolutely dominated every news cycle, and walked to victory in something bigger than a landslide.
And now, state government is swimming in federal relief cash — with more likely on the way. Trump’s CARES Act provided the equivalent of 20 percent of Vermont’s GDP. President Biden’s American Rescue Plan Act is pumping in even more. And if Biden gets his infrastructure bill through, Vermont will get a third massive infusion in less than two years’ time.
The CARES Act alone floated Vermont through 2020 “in aggregate,” as state economist Jeffrey Carr put it. There was pain aplenty, to be sure. But there were winners as well, and the impact was greatly softened by the federal government’s ability (and willingness) to deficit spend. The governor is dead set against raising revenue or increasing the size of state government, but he’s perfectly happy to take whatever the feds will give him.
On Tuesday, Scott unveiled his billion-dollar plan to use a big chunk of the federal ARPA money. It includes just about everything on everybody’s wish list, and provides a huge boost to state initiatives that Scott insisted we couldn’t afford on our own. And the money will be spent over the next four years, which will make it extremely difficult to run against Scott in the next two cycles.
So, hooray for the pandemic!Continue reading