Economic Disparities and Policy Challenges

This chapter explores the U.S. economy amidst signs of a technical recession, contrasting political narratives with real-world experiences of inflation and employment. It discusses the impact of the CHIPS Act on semiconductor manufacturing, emphasizing the need for domestic production while critiquing corporate welfare. Furthermore, it addresses the complexities of recent legislative actions on climate policies, prescription drug pricing, and tax reforms, highlighting the challenges in achieving bipartisan support and Democratic unity.