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Dig: Monetary Politics w/ Tim Barker

Jacobin Radio

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Is There a Genuine Change Going on Within the Democratic Party?

The inflation reduction act of 2022 was as we know a stripped down reiteration of Biden's earlier big legislative initiative build back better just stripped of its most ambitious and often progressive elements but still a pretty big deal. Alongside the inflation reduction act we have seen the chips act the American Rescue Plan Act and the infrastructure bill all focused on dealing with a lack of productive capacity in certain sectors. So I think that there is a genuine change going on in the Democratic Party and within you know liberalism more broadly that is very clear if you compare these these Biden initiatives to the Obama administration.

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