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Marketplace All-in-One

The clash of Bidenomics and MAGAnomics

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 19 September 2023

⏱️ 32 minutes

🧾️ Download transcript

Summary

President Biden is pitting his plan for the U.S. economy against so-called ‘MAGAnomics’, the economic ideas that defined the Trump era.

Mark Blyth, political economist at Brown University, said the clash is all about who wins and who loses as the U.S. decarbonizes.

On the show today, Blyth explains what Bidenomics actually means and why it’s not the easiest message to sell to voters. Plus, how the United States let go of its industrial base and what it will take to re-industrialize for a clean energy future.

Then, strikes across the country are putting President Biden’s pro-union reputation to the test. And, we’ll get into what rising oil prices that could mean for the Fed and the American consumer.

Later, a listener’s perspective on why many Americans don’t feel the economy is all that strong. Plus, a bonus fantasy writing vocab lesson. And, the thing you probably didn’t know about cows?

Here’s everything we talked about today:

We want to hear your answer to the Make Me Smart question. You can reach us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey Marketplace listeners, you know around here we like to think you're never too young

0:03.2

to learn about the economy and financial basics.

0:05.8

That's why we're bringing the million bazillion live tour to school to teach important lessons

0:09.7

about budgeting, investing, saving, and more.

0:12.9

It's all the fun of the podcast, but now live, immersive and interactive.

0:17.8

Special thanks to our tour partner, Greenlight, the debit card and money app for kids and

0:22.0

teens.

0:23.0

Learn more about Greenlight at greenlight.com slash million.

0:26.5

Hey everybody, it's Kai, you know, individual donations are a most reliable source of support

0:34.8

here at Marketplace and make me smart.

0:36.6

And most reliable of all are our monthly donors.

0:39.8

So please start a monthly gift to keep our newsroom going strong, won't you?

0:43.7

And when you do, you'll get us closer to our 2000 investor goal for this campaign.

0:48.1

And you can pick out a fantastic thank you gift as well.

0:50.8

Check them out at Marketplace.org slash give smart.

0:56.8

All right, let's just go and do it.

0:58.6

I got a lot to do it.

0:59.8

Let's just go and do it.

1:01.2

Let's do it that way, let's just go and do it.

1:05.0

Hey everybody, I'm Kai, Rizda, welcome back to Make Me Smart.

1:09.6

Where none of us is as smart as all of us.

1:12.7

And I'm Kimberly Adams.

...

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