Trumponomics

The positive vibes are flowing at the Democratic National Convention, but what about policy proposals? On this special episode of Voternomics, Bloomberg Senior Executive Editor for Economics Stephanie Flanders heads to Chicago to find out how—if at all—a Kamala Harris presidency would alter the US government’s approach to the economy. Flanders spoke with economist Heather Boushey, a member of President Joe Biden’s Council of Economic Advisors who has previously served as president and chief executive of the Washington Center for Equitable Growth. “What I see,” Boushey said, speaking in her personal capacity, “is the vice president putting together an agenda to make sure that the government is working to build the middle class, to make sure that prices are fair, to make sure that people have economic opportunities.”Boushey cited price gouging, taxes and housing as three areas where Harris has discussed her economic plans. “We’ve seen challenges in insufficient housing supply. We’ve seen that it just costs too much for families,” said Boushey, adding that Harris has unveiled policies that would increase housing. She also pointed to the vice president’s statements regarding a “robust plan” to expand the child tax credit. But how will Harris propose that Congress pay for these policies? “She is committed to making sure that we fix the tax system in the US so that it is more fair so that corporations pay their fair share,” Boushey said. About the series: Each week, listen in as Stephanie Flanders, Bloomberg’s head of government and economics coverage, Allegra Stratton, author of Bloomberg’s The Readout newsletter and Bloomberg Opinion columnist Adrian Wooldridge help make sense of the elections that will affect markets, countries and economies like never before. See omnystudio.com/listener for privacy information.

The rapid commercialization of space is launching the world into an “era of astropolitics,” journalist and author Tim Marshall tells host Allegra Stratton on this episode of Voternomics. Commercial companies are driving “Space Race 2.0,” from commercial fleets of satellites a few hundred miles above Earth to NASA’s search for private companies to bring back a piece of the moon. Ultimately, Marshall says, entities are eyeing the lucrative prospect of mining extraterrestrial objects for resources needed to provide renewable energy. “As a country or a company, you cannot afford not to be part of this.” See omnystudio.com/listener for privacy information.

Fareed Zakaria, a prominent cable news host and author, shares his insights alongside journalist Adrian Wooldridge. They discuss how today's political climate mirrors the tumultuous 1920s, especially with potential changes in U.S. foreign policy under Trump. Zakaria warns of a global backlash against globalization and the rise of protectionism, which he argues is transforming the Republican Party into a more insular and trade-skeptic entity. Their conversation highlights the changing dynamics of world power and the challenges faced by liberal democracies.

Anne Applebaum, a renowned journalist and historian, discusses how a potential Trump re-election could empower autocrats from China to Venezuela. She highlights the risks of Trump's unpredictable foreign policy, focused on personal gain rather than democratic ideals. Applebaum delves into the interconnectedness of authoritarian regimes and their mutual support through disinformation. Additionally, she warns about the dangers posed by political figures like J.D. Vance, whose connections may complicate U.S. foreign policy and challenge democratic values.

President Joe Biden announced Sunday he’s no longer seeking the Democratic Party’s nomination, saying his exit from the race was in the best interests of his party and the country. He then threw his support to his running mate, Vice President Kamala Harris. But is it as simple as that? Will Harris receive her party's nomination? Is she the best person the Democrat's have to take on Donald Trump? And does the market's mild response to the news suggest many think a Donald Trump victory is still the most likely outcome?Hosts Stephanie Flanders and Adrian Wooldridge explore those questions. Plus, we bring you an episode from our sister show the Big Take -- Gregory Korte and Laura Davison, who cover money and politics for Bloomberg, discuss Kamala Harris’s fundraising edge and how Democratic donors are reacting to the news. See omnystudio.com/listener for privacy information.

What could a second Donald Trump presidency look like, should he defeat US President Joe Biden in November, and how could the Republican’s policies shape markets and the world economy?We discuss with Elbridge Colby, a member of the first Trump administration and potential National Security Advisor if there’s a second one. Also on this episode, a conversation with Bloomberg political correspondent Nancy Cook, who joins from the Republican National Convention in Milwaukee. And finally, Bloomberg Editor in Chief John Micklethwait discusses his column on what lessons the Republicans could glean from the recent defeat of the Conservatives in the UK. See omnystudio.com/listener for privacy information.

From the Paris Bureau, host Stephanie Flanders speaks with Jean-Claude Trichet, former European Central Bank president and Bank of France governor, Bloomberg Opinion columnist Lionel Laurent, and Eleonora Mavroeidi, an economist for Bloomberg Economics, to debrief on the election results. "The worst has been avoided," says Trichet, but now France must embark on a "very complex maturing process."See omnystudio.com/listener for privacy information.

In a special edition of Voternomics, the former CEO of Legal & General Nigel Wilson urges the new UK government to be bold and act fast. He speaks with host Stephanie Flanders and Bloomberg Editor-in-Chief John Micklethwait.See omnystudio.com/listener for privacy information.

Abrdn Chairman Douglas Flint joins this week to explain why he thinks the new government needs to build up transportation and education. Senior reporter Phil Aldrick also joins to discuss the sort of economy Labour will inherit if it wins this week's election. Hosted by Stephanie Flanders, Adrian Wooldridge, and Allegra Stratton. See omnystudio.com/listener for privacy information.

Tim O'Brien and David Gura join to dissect Biden's debate performance, Trump's falsehoods, and the future impact on the Democratic race. Reflecting on CNN's debate challenges, fallout from Biden's performance, and implications for potential successors within the party.