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Biden's Big Left Gamble

Biden's Big Left Gamble
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Biden's Economic Plan Gives Progressives What They Want

The Atlantic
Bidenomics Really Is Something New
The president is willing to take on political fights that Obama and Clinton considered unwise, if not unwinnable. Will that strategy pay off?
Alex Wong / Thomas D. Mcavoy / The LIFE Picture Collection / Getty / The Atlantic
Some of the changes are obvious: Compared with the economic strategies of former Presidents Bill Clinton and Barack Obama, Joe Biden is proposing more new spending and more new taxes than either of his Democratic predecessors, and he’s abandoned their support for negotiating new free-trade agreements.
But Biden is also diverging from his predecessors’ approaches in ways that have drawn much less attention yet may prove even more consequential. Particularly on racial-, gender-, and class-inequality issues, Biden’s separation from those past presidents reflects both an evolution in thinking among Democratic-leaning economists and a bet that boldness may be a better political strategy than m ....

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Bidenomics Really Is Something New

Bidenomics Really Is Something New
Ronald Brownstein
© Alex Wong / Thomas D. Mcavoy / The LIFE Picture Collection / Getty / The Atlantic
Some of the changes are obvious: Compared with the economic strategies of former Presidents Bill Clinton and Barack Obama, Joe Biden is proposing more new spending and more new taxes than either of his Democratic predecessors, and he’s abandoned their support for negotiating new free-trade agreements.
But Biden is also diverging from his predecessors’ approaches in ways that have drawn much less attention yet may prove even more consequential. Particularly on racial-, gender-, and class-inequality issues, Biden’s separation from those past presidents reflects both an evolution in thinking among Democratic-leaning economists and a bet that boldness may be a better political strategy than moderation. ....

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COVID-19 has exacerbated the economic inequality and caregiving crisis facing women of color. Here's how the American Rescue Plan helps.

COVID-19 has exacerbated the economic inequality and caregiving crisis facing women of color. Here's how the American Rescue Plan helps.
whitehouse.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from whitehouse.gov Daily Mail and Mail on Sunday newspapers.

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The Women Powering Biden's Economy Are Rewriting The Course Of American History

Department of Labor and Alex Wong/Getty Images
Originally published on March 15, 2021 1:49 pm
Women and people of color are notoriously underrepresented in economics. Only 14% of full professors are women, and one survey found only 1.6% Black faculty in the economics departments of the 30 highest-ranked universities.
And yet, President Biden has managed to find several highly accomplished economists who are not just women but are also Black, and has placed them in top posts in his administration.
Many of the women are already starting to write a new chapter of U.S. economic history by shaping how the federal government is deploying trillions of dollars as part of the American Rescue Plan one of the largest deployment of federal dollars into society ever. ....

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