The Rachman Review The problem with Bidenomics
Oct 5, 2023
In this podcast, Adam Posen discusses his objections to Bidenomics, including subsidies to private companies. The comparison between pandemic response and the climate emergency is explored, advocating for urgent action. The global implications of Bidenomics are analyzed, including concerns about the subsidy race and its impact on the poorest countries. The argument linking China's growth and subsidies is disputed, emphasizing the importance of domestic savings and investment.
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