
Jared Bernstein on the Next Stage of Bidenomics
Odd Lots
The Bidenomics Framework for International Trade
There is commonality and agreement among many countries regarding economic policies and investment strategies./nEurope has been implementing industrial strategy and promoting cooperation in the clean energy economy for a longer time than the US./nInternational trade policy under Bidenomics does not lean towards autarky, but rather focuses on robust trade flows./nBidenomics considers Americans not only as consumers but also as workers who rely on domestic production and good jobs./nThe goal is to lower the costs of critical goods through collaboration with trading partners while maintaining strong communities.
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