Love it or hate it, this is President Biden’s economy and he’s taking credit for it. In recent weeks, Biden has been rolling out his economic pitch to Americans. It started with a high-profile speech in Chicago where he branded his policies as “Bidenomics” and positioned them in opposition to trickle-down “Reaganomics.” Since then, Biden and his campaign surrogates have fanned out across the country to make their pitch.
This is coming at a time when Americans are quite pessimistic about the economy. In recent polls, less than a third of Americans say the economy is good. But still, economic data paints a relatively strong picture. The unemployment rate -- according to data out last Friday -- stands at 3.6 percent. That’s close to a 50-year low. And inflation, although it remains somewhat high, has fallen to 4 percent from a high of 9 percent last summer.
In this installment of the podcast, Galen speaks with Jeanna Smialek, who covers the Federal Reserve and economy for the New York Times, and Neil Irwin, chief economic correspondent for Axios. They discuss how much of Biden’s approach to economic policy is actually new, what it looks like on the ground and why Americans are so pessimistic.
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Politik
FiveThirtyEight Politics Folgen
The 538 team covers the latest in politics, tracking the issues and "game-changers" every week.
Folgen von FiveThirtyEight Politics
135 Folgen
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Folge vom 10.07.2023What's So Special About 'Bidenomics'?
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Folge vom 03.07.2023How The Supreme Court Will Shape The 2024 ElectionThe Supreme Court wrapped up its business for the term last week, closing out a docket that touched on the Voting Rights Act, affirmative action in university admissions, student loan forgiveness, business services to LGBTQ people, religious liberty and the power of state legislatures. It was another term with high-profile cases, coursing through the heart of some of America’s cultural debates. In this installment of the podcast, the crew discusses whether this year’s decision could ricochet through the political environment, as last year's decisions did. They also take stock of what more we've learned about a still quite new 6-3 conservative majority. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Folge vom 19.06.2023Are Millennials Getting More Conservative?There’s been a lot thrown at Republican voters over the past few weeks. The field of primary candidates has doubled; the leading contender in the primary was federally indicted on 37 counts related to his handling of classified documents and alleged obstruction of justice; and a contest that had remained largely deferential to Trump has gotten more testy. In this installment of the podcast, pollster Kristen Soltis-Anderson and Washington Post data columnist David Byler join Galen to look at how Republican primary voters are processing the news and what they want from a presidential nominee. They also ask the timeless question: What is up with the kids these days? Various analyses have come to conflicting conclusions about whether millennials and young voters in general are bucking a generations-long trend of growing more conservative with age. And they play a new game called “Which Candidate Said This?” Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Folge vom 09.06.2023Emergency Podcast: Trump's Indictment, The SequelFormer President Donald Trump was indicted on federal charges on Thursday related to classified documents he took from the White House. In this installment of the podcast, the crew discusses the severity and possible political implications of the charges. Learn more about your ad choices. Visit podcastchoices.com/adchoices