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Checks and Balance from The Economist

Checks and Balance: Donkey years

Checks and Balance from The Economist

The Economist

Politics, News & Politics, News, Us Politics

4.61.7K Ratings

🗓️ 28 October 2022

⏱️ 42 minutes

🧾️ Download transcript

Summary

For two years Democrats have held the Holy Grail – control of the presidency and both chambers of Congress. The midterms will, most likely, put an end to that. Divided government is going to make Joe Biden’s agenda much harder to pass: what will the legacy of his first two years in power be?  


The Economist’s Henry Curr takes us through “Bidenomics”. We go back to the last time Democrats had a government trifecta. And The Economist’s Stevie Hertz speaks to voters who have been helped by the Biden administration, but may not realise it. 


Charlotte Howard hosts with Idrees Kahloon and Jon Fasman.


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Transcript

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0:00.0

It was January 1973 in Washington, in what would be a momentous month.

0:08.7

On January 20th, Richard Nixon and Spiro Agnew were sworn in for their second term.

0:15.0

Two days later, the Supreme Court decided Roe vs Wade, establishing the right to an abortion.

0:21.4

By the end of the month, America had signed the Paris Peace Accords, marking the end of

0:25.9

the war in Vietnam and abolishing the military draft.

0:30.4

But January 1973 also saw an event that was less momentous, but important nonetheless.

0:36.9

A young father became a senator, just weeks after his wife and daughter had been killed in

0:41.6

a car accident.

0:44.0

Joe Biden took his oath of office in the hospital where his son Bo was still being treated.

0:49.0

He was 30 years old, the sixth youngest senator in American history.

0:54.0

Joe began his political career.

0:56.9

Now, 50 years later, Joe Biden is president and facing a referendum on his record and

1:02.1

his party.

1:04.8

With 11 days to go until the midterm elections, I'm Charlotte Howard, and this is checks

1:09.5

and balance from the economist.

1:14.2

Each week, we take one big theme, shaping American politics and explore it in depth.

1:28.5

Today, what have Democrats achieved in power?

1:41.9

For two years, Democrats have held a political, holy grail, control of the presidency, and

1:47.0

both chambers of Congress.

1:49.1

The midterms will, most likely, put an end to that.

1:52.7

Divided government is going to make Joe Biden's agenda much harder to pass.

1:57.3

What will the legacy of the Biden years be?

...

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