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The Political Scene | The New Yorker
What Biden’s Budget Means for His Reëlection Battle with Trump
Mar 13, 2024
A discussion on President Biden's budget proposal and its impact on his reelection battle with Trump, focusing on shifting tax burdens to the wealthy and tackling inflation. They also explore why companies are making bigger profits post-pandemic and analyze the economic strategies of the Biden administration.
34:33
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Quick takeaways
- Biden's budget proposes taxing the wealthy to tackle inflation and income inequality.
- Companies' rising profits amid economic recovery pose challenges for Biden in addressing voter concerns.
Deep dives
Biden's Economic Strategy and Messaging Challenges
Biden's economic policy and political advisors face a conflict on emphasizing the economic achievements amidst mixed public perception. Biden highlights a strong job market impact on wage equality and unemployment. Despite economic progress like manufacturing job growth and the child tax credit boosting low-income families, Biden grapples with voter concerns over inflation and costs overshadowing positive economic indicators.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode