The second takeaway is that Biden's guests, as always, tell a story. He featured in the First Lady's box, a steel worker, a diabetes advocate, a COVID nurse, a war widow, a Native American. The two that were most interesting to me, however, was one the CEO of Intel, the semiconductor company, and two, the whistleblower from Facebook. The Intel CEO was used to tell a story to advocate for the passage of a package of semiconductor subsidies which should get done later this year as part of anti-China competition bill that has bipartisan support.
The Facebook whistleblower is a woman who released a bunch of documents to Congress that talks about the harm of social media to kids and how the companies know that it's doing harm. And Biden used her as a platform to talk about support for more mental health funding and strengthening privacy protections for kids, something that could happen on a bipartisan basis if they find the right way to do it.
My final takeaway is that while Biden spent a lot of time rallying support for the financial war he's waging against Russia, he didn't spend a lot of time preparing Americans for the eventual cost of that war. The entire first part of his speech was a forceful call to arms to help Ukraine. And this financial war that Biden is waging is popular for now, but these actions are going to have a price for Americans in terms of higher energy costs and potentially future supply chain snarls. And Russia could escalate the war both against Ukraine and broader against the West.
Biden didn't talk much about these potential costs, how long Americans are going to have to bear any burden that comes, or what he's going to do to mitigate them. And while the war is popular for now as these costs go on and the costs grow, this is going to be a political pain point for him in the future.
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