meta_pixel
Tapesearch Logo
Log in
WSJ Opinion: Potomac Watch

Joe Biden's Road Show on 'Bidenomics'

WSJ Opinion: Potomac Watch

The Wall Street Journal

News, Society & Culture

4.22.8K Ratings

🗓️ 7 July 2023

⏱️ 23 minutes

🧾️ Download transcript

Summary

The president is trying to bolster his economic record as 2024 nears, but what exactly does he mean by "Bidenomics," or is this merely a new gloss he's putting on his push for industrial policy? Plus, the latest jobs numbers show hiring has slowed, but probably not enough to dissuade the Federal Reserve from raising rates. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Maltesers Salute Suzy. She's a total mother-lava. Instead of saying to work in mums, I don't know how you do it.

0:10.0

She asks, how can I help you do it? Join the mother-lavours at maltesers.co.uk.

0:16.8

Maltesers, let's lighten the load for working mums.

0:23.0

From the opinion pages of the Wall Street Journal, this is Potomac Watch.

0:28.8

President Biden continues with his road show, Touting Bydonomics, as the latest jobs report shows slower hiring in June.

0:37.2

Welcome, Kyle Peterson, with the Wall Street Journal. We are joined today by my colleagues, columnists Alicia Finley and Kim Strassel.

0:46.8

Welcome, and happy Friday to you both.

0:49.0

President Biden has now embraced the term bydonomics as a marketing slogan for his economic record.

0:57.2

Here is Thursday in West Columbia, South Carolina, where according to local news reports, he was highlighting

1:04.0

a manufacturing partnership between end phase energy and flex LTD, which will reportedly create about 600 jobs.

1:12.8

Bydonomics is just another way of saying restoring the American dream.

1:17.7

Forty years of trickle down limited the dream to those at the top.

1:21.7

But I believe that every American willing to work hard should be able to get a good job no matter where they live.

1:27.0

Alicia, your column this week suggests a counter tour of some failures of bydonomics.

1:33.9

The headline if listeners want to go find that is what Biden's invest in America tour leaves out.

1:40.3

And I'm wondering if you can give us a quick overview of some of those examples.

1:44.4

Yeah, sure. I would start with the Wardstown, the plant that was closed when Wardstown, the EV start up

1:50.8

of motors, when bankrupt the other week because the approximate cause was dispute with Foxconn,

1:57.8

but it had basically been running on fumes for a while, trying to scale up its manufacturing.

2:03.0

Most of its vehicles had actually had to be recalled because they had problems.

2:07.8

And you know what's interesting about Wardstown is it's actually not a particularly unique example.

2:13.1

There's a lot of other electric vehicle manufacturers,

...

Please login to see the full transcript.

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

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.