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Ones and Tooze

Biden’s Economic Legacy

Jul 26, 2024
President Joe Biden's economic legacy is analyzed, including the impact of policies like the American Rescue Plan. The podcast also delves into social media influence, therapy benefits, and the Inflation Reduction Act controversy. Biden's inclusive economic vision and potential transition to Kamala Harris's administration are discussed.
46:16

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Quick takeaways

  • Biden's economic legacy includes US outperforming post-COVID due to strong GDP rebounding.
  • American Rescue Plan halved child poverty and supported rapid recovery through significant stimulus measures.

Deep dives

Biden's Economic Legacy and Presidency Duration

Discussing Biden's decision not to seek reelection, handing over to Kamala Harris, and the ongoing debate about his legacy, after ending his career that spanned over five decades. Emphasizing the economic record's historical conversations start with Biden's office amid the pandemic, showing the US outperforming other countries due to post-COVID recovery policies, notably through the strong GDP rebounding.

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