Stephanie Flanders on A Trump Economy & What to Watch in The Ultimate Election Year

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Just in time for election season, Laura invites her sister Stephanie back to the program. Stephanie is the head of Economics and Government at Bloomberg News and head of Bloomberg Economics. Sixty-four countries (plus the European Union) — nearly half of the world’s population — are facing an election this year. Some are calling 2024 “The Ultimate Election Year”, but what should we look out for? Stephanie Flanders says now is the time journalists and voters are called upon to think about the long-term issues facing their country and the world, and consider what each candidate might propose. With Donald Trump, a lot is guesswork, but Bloomberg's been running the numbers on inflation and debt - both of which are predicted to go up under the former president. Meanwhile, what exactly is Bidenomics? “Voternomics”, the newly-rebooted “Stephanomics” podcast has just launched. It will be looking at the intersection of geopolitics and the economy. In this insightful one-on-one discussion taped at the CUNY TV studios in NYC, Stephanie and Laura Flanders talk economics, elections, and a little bit about tug-of-war.  All that, plus a commentary from Laura.  Laura Flanders & Friends becomes Laura Flanders & Family this time.

“. . . This is an opportunity to be thinking about not just what a politician is saying, but what are the long-term issues facing this country, any country? Are those policy recommendations fit for purpose? . . . Elections are opportunities for voters and journalists to raise their eyes to the horizon a little bit.” - Stephanie Flanders

“[With tariffs] the goal is to make domestically produced goods look more attractive and cheaper . . . We saw with the tariffs under the previous Trump administration — many of which have been continued under President Biden, we should remember — that the overall effect was to lose cost jobs and to add to inflation.” - Stephanie Flanders

Guest:  Stephanie Flanders: Head of Economics and Government at Bloomberg

Full Episode Notes are located HERE.  They include related episodes, articles, and more.

Music In the Middle: "Wall of Indifference" by Raul Midon, from his album Lost & Found courtesy of the artist.  "Steppin" and "The Gall" by Podington Bear.

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