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The Economic Consequences of Neo-Keynesianism

We now have the first post-neoliberal administration in power in Washington. The Biden administration has explicitly disavowed all aspects of neoliberalism, including the assumptions about free trade and the alleged efficiency of outsourcing, the lack of support for trade unions, and the bipartisan contempt for industrial policy … Biden managed to get through Congress the most expansive technology and industrial policies since World War II.2
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Biden's 14th Amendment message on the debt ceiling: It won't happen

The president’s advisers fear such a move would trigger a legal battle, undermine global faith in U.S. creditworthiness and damage the economy. ....

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Opinion: Canada is getting played by Stellantis, but we asked for it

Politically, Ottawa and Queen’s Park have no choice now but to pay up ....

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Liberals grow fearful Biden may reward GOP for weaponizing debt ceiling

Liberals grow fearful Biden may reward GOP for weaponizing debt ceiling
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Debt ceiling fight could still wreck the U.S. economy

There could be serious economic damage in the U.S. and elsewhere if the debt ceiling fight nears the default deadline. ....

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