4.2 • 3.5K Ratings
🗓️ 17 May 2024
⏱️ 33 minutes
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On Point news analyst Jack Beatty looks into why President Biden’s initiatives to boost the economy, with legislation such as the American Rescue Plan and the Inflation Reduction Act, are not recognized by many voters.
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| 0:00.0 | Support for this podcast comes from Is Business Broken, a podcast from BU |
| 0:04.6 | Questram School of Business. Today's business leaders are saying that |
| 0:08.3 | sustainability and diversity metrics are key to the way they do business, but what does that look like in practice? |
| 0:15.4 | Stick around until the end of this episode to hear more. |
| 0:18.8 | I'm Megna Chakrabardi and this is the jackpot where on point news analyst Jackbeady |
| 0:28.1 | helps us connect history, literature and politics in a way that brings his unique clarity to the world we live in now. |
| 0:35.6 | Hello there Jack. |
| 0:37.6 | Hello, Magna. |
| 0:38.6 | So it's episode 34. |
| 0:40.6 | What's your headline for today, Jack? The Invisible New Deal. |
| 0:45.0 | Invisible New Deal. Okay, so what's so invisible Jack? |
| 0:50.0 | Well, Joe Biden is the first president since LBJ to install a portrait of FDR in the Oval Office, |
| 0:59.0 | and that gives you a sense of his ambition. |
| 1:03.9 | And indeed, Biden's New Deal |
| 1:07.7 | has outspent FDR's. |
| 1:09.4 | FDR in today's money spent about $ billion dollars on the new deal. |
| 1:14.6 | Biden has spent 1.6 trillion committed. |
| 1:19.1 | He's topped the new deal. |
| 1:21.5 | Yet Biden's new deal is so far largely invisible, invisible on the landscape |
| 1:30.2 | and too rarely visible to voters. |
| 1:35.7 | The polling is is Doloris. |
| 1:39.6 | Only 34% of voters had heard anything about the American Rescue Plan, |
... |
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