Economic analysis on Biden's administration, Chinese economy, and global power shifts

It’s official, folks. Over the weekend, President Joe Biden dropped out of the presidential race and Vice President Kamala Harris stepped in. Some are pointing out similarities between VP Harris’ eleventh-hour candidacy and the “glass cliff effect,” when a woman is put in a position of leadership to fix a company in crisis. We’ll get into it and fill you in on how the Harris campaign is leaning into memes to attract the Gen Z vote. Plus, gaps in China’s newly released economic plans leave questions about the country’s ability to turn things around.

Here’s everything we talked about today:

• “Heat pumps, EV chargers and more: U.S. unveils $4.3 billion in local climate funds” from The Washington Post
• “When That Job Promotion Is Really a ‘Glass Cliff'” from The New York Times
• “China’s Long Blueprint for Economy Falls Short on Details, Raising Concerns” from The Wall Street Journal
• “What coconut trees and Charli XCX’s ‘Brat’ have to do with Kamala Harris” from The Washington Post
• “What is Kamala Harris’ ‘brat’ rebrand all about?” from BBC News
• “Brat campaign: Harris team swiftly embraces Gen Z memes about VP” from Axios

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