Is Bidenomics Working?

Foreign Policy Live

Foreign Policy

News Commentary, News, Politics

4.1 • 622 Ratings

🗓️ 11 August 2023

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Inflation is slowing, unemployment remains low, and a recession is now considered unlikely. And the Biden administration is taking credit, citing its economic policies—Bidenomics—as the reason. But is that true? And have these policies followed through on their promise? White House economist Heather Boushey debates Ravi Agrawal on the merits of Bidenomics and how to strengthen the American middle class. Suggested reading: Adam Posen: America’s Zero-Sum Economics Doesn’t Add Up James C. Capretta: The New Washington Consensus on Trade is Wrong Ravi Agrawal: The White House’s Case for Industrial Policy Adam Tooze: The Mixed Bag of Bidenomics Ravi Agrawal: ‘De-Risking is Consulting Gibberish’ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	America is changing. And so is the world.
0:04.5	But what's happening in America isn't just a cause of global upheaval.
0:08.7	It's also a symptom of disruption that's happening everywhere.
0:12.5	I'm Asma Khalid in Washington, D.C.
0:14.7	I'm Tristan Redman in London, and this is the global story.
0:18.8	Every weekday will bring you a story from this intersection, where the world and America meet.
0:24.4	Listen on BBC.com or wherever you get your podcasts.
0:29.9	Hi, this is Ava from Vanta.
0:32.7	In today's digital world, compliance regulations are changing constantly.
0:37.2	And earning customer trust has never mattered more.
0:40.0	Vanta helps companies get compliant fast and stay secure, with the most advanced AI automation and continuous monitoring out there.
0:47.6	So whether you're a startup going for your first SOC 2 or ISO-27,01, or a growing enterprise managing vendor risk,
0:54.3	Banta makes it quick, easy and scalable.
0:56.5	And I'm not to say that because I work here.
0:58.4	Get started today at banta.com.
1:02.1	Hi, I'm Ravi Agarwal, Foreign Policy's editor-in-chief.
1:06.1	This is FP Live.
1:10.7	Welcome to the show.
1:12.7	Last month, when news emerged that the American economy grew by 2.4% in the second quarter
1:18.6	of 2023, U.S. President Joe Biden responded by saying that the results were, quote,
1:24.9	Bidenomics inaction.
1:27.4	Biden has reason to be pleased. Apart from the faster than expected. were, quote, Bidenomics in action.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Foreign Policy, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Foreign Policy and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.