Planet Money
Veep-onomics
Sep 25, 2024
As the vice presidential debate approaches, candidates JD Vance and Tim Walz reveal intriguing economic views. Vance's unconventional support for government intervention raises eyebrows, while his complex relationship with labor unions sparks discussion. Walz advocates for universal free school lunches and robust family support policies, aiming to combat child poverty. The podcast also tackles how both candidates navigate the tension between populism and bipartisanship in today's economic landscape, highlighting significant shifts in their party affiliations.
25:05
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Quick takeaways
- JD Vance's economic approach signifies a shift in Republican ideologies, advocating for government intervention and support of American manufacturing.
- Tim Walz's implementation of universal free meals and child tax credits reflects his commitment to enhancing economic security for families and children.
Deep dives
Economic Views of JD Vance
JD Vance's economic perspective marks a significant departure from traditional conservative ideologies. Contrarily to the usual skepticism of government intervention in the market, he advocates for a more aggressive industrial policy that promotes American manufacturing through measures like tariffs. This shift is seen as unconventional, especially as many mainstream conservatives have historically opposed picking winners and losers in the economy. His support for various government roles in revitalizing key industries signifies a notable evolution in the Republican economic narrative.
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