5min chapter

Odd Lots cover image

Jared Bernstein on Taxes, Spending, and Why President Biden Wants to 'Pay for It'

Odd Lots

CHAPTER

The Theory of the Case - Supply and Demand

The administration's economic plan is based on the theory that supply and demand are two separate things. The president says he expects these misaligments to correct, but doesn't have a great feel for when they will happen. He also wants more investment in areas such as health care where there are "serious missing markets"

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