The American rescue plan, so the bill that was passed. On pure party line vote in March 2021, counts as among as the fourth of the Bidenomics bills. The idea of running the economy hot, right? Of just using straight up fiscal power to juice aggregate demand. That was certainly an element of the thinking behind ARPA and some of the more sort of welfareist components of at least what Bidenomics aspire to be.
Featuring Daniela Gabor, Ted Fertik, and Tim Sahay on Bidenomics. We define and debate the new American industrial policy, the energy transition, the New Cold War with China—and more.
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