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Marketplace All-in-One

Biden’s economic legacy

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 25 July 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

When President Biden leaves office in 2025, he’ll leave behind a series of industrial policies like the CHIPS Act and Inflation Reduction Act that have turned United States economic policy on its head. We’ll get into why it may take decades to see these initiatives fully play out. And, we’ll get into Vice President Kamala Harris’s budding economic agenda. Plus, why Tesla and other tech companies were a drag on the stock market this week.

Here’s everything we talked about today:

Join us tomorrow for our 2024 Olympics Edition of Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. And watch the hosts square off in a round of This/That!

Transcript

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0:00.0

Hey it's Kai, my minivan and I, as I've said on the radio, have logged a lot of miles with Marketplace.

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0:14.7

will use the proceeds to support the great programs you hear every day.

0:18.8

Start your vehicle donation at marketplace.org slash vehicle. All right. Let. Org. Org.

0:24.0

All right.

0:25.0

Let's do it.

0:27.0

Hey everybody I'm Kyle Rizdahl.

0:32.0

Welcome back to Make Me Smart, where we make today makes sense.

0:36.0

And I'm Kimberly Adams.

0:38.0

Thank you everyone for joining us on this Thursday, July the 25th.

0:42.0

We're going to do what we do on Thursday,

0:43.3

to listen back to some of the big stories of the week.

0:45.6

We've got some audio clips lined up with which we are going to do that.

0:48.5

The first one is from conversation I had on the radio show earlier this week

0:52.0

with Heather Long from the Washington Post talking

0:55.2

about the economic legacy that President Biden leaves behind now that he is no longer running

1:00.6

for re-election.

1:01.6

Here you go. It's really a dramatic turnaround in the last eight years.

1:05.0

You know, Trump basically made tariffs mainstream again,

1:08.0

and Biden has made industrial policy mainstream again.

...

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