Odd Lots Ezra Klein On the Legacy of Bidenomics
29 snips
Nov 4, 2024 
Ezra Klein, host of The Ezra Klein Show and a New York Times columnist, delves into the transformative approach of Bidenomics and its potential future under different political scenarios. He discusses the revival of industrial policy, focusing on key sectors like semiconductors and technology. Klein contrasts the economic strategies of Biden with those of Trump, exploring the implications for U.S.-China relations and domestic policy. He highlights the polarization of economic narratives and the importance of cultural identity in shaping class realignment and policy effectiveness.
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Harris's Economic Focus
- Kamala Harris's core economic interests remain unclear, unlike Biden's established focus.
- She has emphasized housing supply but lacks a distinct economic brand.
Factors Driving Industrial Policy
- The shift towards industrial policy isn't solely due to Biden, but reflects broader trends.
- Bipartisan support exists, influenced by factors like the rise of China and domestic economic concerns.
Trump's Unpredictable Economic Policy
- Trump's economic policy remains unpredictable due to his unclear stances and competing advisors.
- This makes it difficult to predict his actions on issues like the Inflation Reduction Act and tariffs.
