Breaking Points with Krystal and Saagar 2/18/23 FULL PARTNER ROUNDUP: Biden Anti Trust Enforcement, Big Pharma Corruption and The Ohio Rail Disaster
Feb 18, 2023
In this discussion, Matt Stoller, an antitrust analyst and author of the newsletter "Big," delves into Biden's antitrust policy and contrasts it with the neoliberal past. James Li, host of "5149," highlights the significant grip of Big Pharma on public health, focusing on its lobbying power and the undermining of trust in vaccine distribution. The conversation also touches on the aftermath of the Ohio Rail Disaster, exploring the critical safety issues and corporate negligence that led to this environmental crisis.
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Democratic Party's Shift
- The Democratic Party shifted from representing working people to embracing a pro-corporate stance under Bill Clinton.
- Clinton's removal of antitrust from the Democratic platform signaled this change, aligning the party with Reagan's neoliberal framework.
Obama's Economic Policies
- Despite acknowledging the downsides of offshoring, Obama continued the pro-corporate policies of Clinton.
- He emphasized making America business-friendly and cutting government spending.
Biden's "Buy American" Focus
- Biden, unlike his predecessors, is promoting domestic manufacturing through "Buy American" policies.
- He's mandating American-made materials in federal infrastructure projects.