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Reuters Econ World
‘Bidenomics’
Jul 24, 2024
Explore the economic legacy of President Biden and his policies like the American Rescue Plan and minimum wage increase in California. Analyze the shift from trickle-down economics to bottom-up growth, political implications, and long-term impacts on the economy.
21:45
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Quick takeaways
- Bidenomics focuses on reshaping the US economy through industrial policy and liberal subsidies.
- Despite economic growth, concerns remain over long-term effects and sustainability of Bidenomics.
Deep dives
Bidenomics: Transforming Economic Policies
Bidenomics aims to reshape the US economy by focusing on building it 'from the middle out and the bottom up'. Industrial policy was revitalized under this strategy with a liberal touch, emphasizing subsidies and investments through legislation like the American Rescue Plan. Biden sought to address inequality, infrastructure renewal, and bolster US tech production.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode