Case for Biden, Biden vs Trump, China
"Econ 102" with Noah Smith and Erik Torenberg
Building on Destructive Policies
Implementing industrial policy, higher export controls, higher tariffs, and similar measures reflects building a different approach out of the destructive policies of the past administration. While Trump's actions were destructive, Biden's approach is constructive. Acknowledging Trump's initial steps as necessary, it is suggested that he may have limitations to progress further. The analogy of a founder getting a business to a certain stage, then a professional CEO taking it further, is used to describe the roles of Trump and Biden. This dynamic between the two administrations might be essential for progress, akin to a necessary tag team of presidents.
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