Joe Biden and the End of Reaganomics with Felicia Wong
Why Is This Happening? The Chris Hayes Podcast
00:00
What's Good for GM Is Good for America?
In the late 70s and 80s, Ronald Reagan ushered in a new vision of government. It was Keynesian demand management: The government is spending to kind of keep the economy out of recessions. But many Democrats also took up pieces of that mantle; Bill Clinton's policies had a neoliberal flavor. And by the time you got to the Obama administration, like very, very, very famously, obviously Obama comes into office, he has to deal with what would become the great, long, jobless recession, jobless recovery.
Transcript
Play full episode
