Welcome to this episode of Checks and Balance from The Economist, where we delve into the world of Bidenomics and its impact on the US economy. Join our hosts as they explore the three pillars of Bidenomics and discuss its potential implications for the upcoming election.
Our hosts kick off the episode by examining the core principles of Bidenomics. They delve into the first pillar: reversing disinvestment in public goods. From infrastructure to healthcare, they explore how the Biden administration aims to revitalize neglected areas and invest in the future of America.
Next, they turn their attention to the second pillar: empowering and educating the workforce. Our hosts discuss the importance of providing opportunities for skill development and education, and how this can lead to a more competitive and prosperous nation.
The third pillar of Bidenomics, promoting competition, is also explored. Our hosts analyze the role of trade in this economic framework and discuss the delicate balance between the needs of consumers and workers.
In this episode, our hosts draw comparisons between Bidenomics and previous economic policies, such as Reaganomics and Clintonomics. They examine the similarities and differences, and debate the potential success of Bidenomics in achieving its goals.
The episode concludes with a thought-provoking discussion on the perception of the US economy. Our hosts explore the disconnect between economic data and public sentiment, shedding light on the factors that shape public perception and the implications for future economic policies.
Join us for this insightful episode of Checks and Balance as we navigate the world of Bidenomics and its potential impact on the US economy and upcoming election.
Joe Biden took to the stage in Chicago this week to trumpet his economic plan. He heralded America’s post-pandemic growth and the buoyancy of the job market. “Folks, that’s no accident,” he told the crowd: “That’s Bidenomics in action.” But what actually is “Bidenomics”?
Chair of the Council of Economic Advisors Jared Bernstein sets out the administration’s economic agenda. The Economist’s Lane Greene traces the origins of “name-enomics”. And The Economist’s Simon Rabinovitch assesses if “Bidenomics” is working or not.
John Prideaux hosts with Charlotte Howard and Idrees Kahloon.
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