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Ezra Klein On the Legacy of Bidenomics | Odd Lots

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November 4, 2024

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The Biden administration has overseen a revival of so-called industrial policy in a way that we haven't seen in years. Major efforts are underway to revive or reinvigorate US production of semiconductors, batteries, and other key technologies. But it's not clear if these efforts will have any legs and sustain a new trajectory of US policymaking. Was it just a blip? Or does this represent a new era in terms of how we think about the relationship between the government and the economy? On this episode, we speak with Ezra Klein, host of The Ezra Klein Show, about the legacy of this era. We talk about different possible paths under both a Harris and Trump administration, as well as what other policy areas may come into vague in the years ahead.

Read More:

Bidenomics Leaves a Blue State Industrial Heartland Behind ()

Trump Threat to Biden’s Industrial Policy Hangs Over Asian Firms ()

Key insights from the pod:

Intro -- 0:00

What does Harris think about industrial policy? — 3:53

What is Harris’ ‘opportunity economy’? — 6:14

Why did Bidenomics happen now? — 8:05

The role of China in catalyzing US policy choices — 14:36

What happens to Biden policies under Trump? — 17:00

Why Joe Biden couldn’t sell Bidenomics — 20:11

Why Democrats can't win the White Working Class — 24:14

What happened to the care economy? — 31:05

How much continuity would a Harris admin bring? — 33:26

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.

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Guests & Subjects Covered

The BidenEzra KleinThe Ezra Klein ShowRead More Bidenomics LeavesTrump ThreatWhy Joe BidenWhy DemocratsWhite Working Class

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