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🗓️ 1 September 2023
⏱️ 14 minutes
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https://www.hoover.org/research/hidden-undertow-bidenomics
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0:00.0 | At TFL, we're making journeys safer for everyone, and that includes improving safety on London's roads. |
0:07.4 | That's why we and London boroughs are lowering more speed limits to 20 miles per hour, |
0:12.3 | because 20 miles per hour roads have already reduced collisions resulting in deaths |
0:16.6 | or serious injuries by 24%. That is how we're making journeys in London safer and brighter for everyone. |
0:24.8 | Such TFL improvement plan to the Mayor of London and TFL every journey matters. |
0:35.1 | This is CBS High on the World. I'm John Bashler. The president of the United States |
0:39.6 | dubs it by nomics. Here we are, anticipating the re-election campaign of Joe Biden. What is by |
0:46.8 | nomics? I welcome Professor Richard Epstein, Senior Fellow of the Hoover Institution, |
0:51.9 | Teachers Law at NYU in the University of Chicago, who, for defining ideas, has laid out the |
0:58.5 | Bidenomics high points of these last years, looking to the campaign of 2024. Richard, a very good |
1:06.1 | evening to you. I learned from your presentation that the public is not convinced that Bidenomics is |
1:11.7 | successful. The president is, and the president's critics and supporters are, so I go through some |
1:18.9 | of the high points of by nomics and ask, is this the best we can do? We begin with energy. |
1:25.7 | As we know, the growth during the Obama years relevant here, because Mr. Biden was the vice president |
1:32.0 | and took credit or blame for the Obama years. The growth during the Obama years was energy, |
1:38.8 | was Texas. The hiring that was done, the growth that was done across the country had to do with the |
1:44.8 | oil business and especially the natural gas business. And here we are today. The Biden |
1:50.8 | administration certainly enjoys the bounty of our energy fields, where energy superpower, maybe |
1:56.0 | the energy superpower, given that Europe depends upon our liquefied natural gas, and will again |
2:02.1 | this winter. However, you report that by nomics has a different view of how to deal with energy. |
2:08.7 | How so, Richard, good evening to you. Yeah. Well, essentially what happens is the energy question |
2:13.4 | in the eyes of the Biden administration is closely tied to the climate change question. |
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