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Marketplace All-in-One

The economics of a Harris-Walz ticket

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 7 August 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

We now know who the Veep wants as Veep: Vice President Kamala Harris announced on Tuesday that Minnesota Gov. Tim Walz will be her running mate in this year’s presidential election. But what does he bring to the table economically? We’ll dig in. Plus, total household debt in the U.S. is creeping up, and a new nonprofit aims to measure whether companies’ carbon removal plans actually work.

Transcript

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0:00.0

The economics of a Harris Wall's ticket.

0:05.0

From Marketplace, I'm Sabrie Benashore, in for David Brancaccio.

0:08.0

More now on Vice President Kamil Harris's decision to pick Minnesota Governor Tim Walz as her running mate in

0:14.0

this year's presidential election. If the Harris Wall's ticket wins this

0:17.9

November, what might that mean for the economy? What does walls bring to the

0:22.1

table economically? We are joined now by

0:24.3

Eric Zwick, professor of economics and finance at the University of Chicago. Welcome.

0:29.7

Thanks very much. So let's start with a clip of Vice President Harris introducing her running mate,

0:34.4

Minnesota Governor, and former Representative Tim Walls.

0:37.0

And Tim Walz and I, we agree about many things including when our middle class is strong America is strong.

0:45.7

So when it comes to economic policy, how much continuity do you expect to see between a Biden

0:51.8

Harris administration and a Harris-Walls administration.

0:56.2

I expect a fair amount of continuity on policies when the agenda is the same and then as the agenda changes we might see different

1:05.9

policy focuses so for instance on tax policy or on housing or something like that.

1:12.0

For now though the agendas are kind of identical?

1:15.2

As far as I can tell I think that we're still waiting to see more articulation of specific

1:20.2

economic policy

1:24.1

as governor of Minnesota walls helped see through policies on stronger labor

1:29.1

protections policies to reduce poverty universal free meals at school, paid family leave,

1:34.5

a statewide child tax credit.

1:37.4

Is that a reflection of specific policies

1:40.1

Vice President Kamla Harris plans to push at the federal level?

...

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