Post-Bidenomics and what comes next

Joining Cardiff for this episode is Jared Bernstein, who was most recently the Chair of the Council of Economic Advisors for President Joe Biden following a long career in economic policy and public service. Jared shares with Cardiff his thoughts on the current economic moment, the achievements he was most proud of during the Biden years, and a few regrets. They also discuss: How the econ policymaking sausage gets made Trade policy, globalization with allies, and concerns about protectionism Inflation challenges, including the impact of the American Rescue Plan Unions and worker bargaining power The housing supply crisis and the role of federal incentives for local reforms Immigration AI’s possible effects on labor and productivity How an early musical career led Jared to economics RELATED LINKS Jared’s Substack newsletter Jason Furman’s Foreign Affairs article Jared’s response to Furman 2024 Economic Report of the President EIG’s analysis on “Manufacturing jobs boom not reaching places hit by the China Shock”