In this week’s episode, Noah Smith and Erik Torenberg explore various aspects of Joe Biden’s presidency to evaluate a case for reelecting Biden, focusing on economic policy shifts, spending concerns, inflation, and industrial policy. They also emphasize the historical and current political dynamics between the U.S. and China, exploring tariffs, trade, oil production, and technology, with a nuanced view of protectionism’s role in national security and economic growth.

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SEND US YOUR Q’s FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co

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LINKS:

Noahpinion: The Positive Case for Joe Biden https://www.noahpinion.blog/p/the-positive-case-for-joe-biden

Noahpinion: https://www.noahpinion.blog/

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TIMESTAMPS:

(00:00) Intro

(00:19) Positive case for Joe Biden

(05:34) Biden’s economic policies and achievements

(10:32) Discussing inflation during Biden’s administration

(15:00) Sponsor: Beehiiv

(16:10) Analyzing the CHIPS Act and Inflation Reduction Act

(20:16) Impact of tariffs and permitting challenges

(26:16) Tariff Debate: Impact on EVs and global manufacturing

(36:51) Alternatives policies and strategies beyond tariffs

(39:26) Evolution of America’s approach to China: Obama, Trump, and Biden

(46:44) Wrap