The Hidden Flaws Of ‘Bidenomics’

On this week’s episode of Lever Time, David Sirota is joined by Matt Stoller, the director of research at the American Economic Liberties Project, who explains the failures and successes of President Joe Biden’s economic policies, also known as “Bidenomics.” In the past several months, unemployment has dropped and the rate of inflation has begun to slow, while consumer spending and manufacturing is on the rise. In a macro sense, the economy is doing well. But according to a recent NBC poll, 59 percent of Americans disapprove of President Biden’s handling of the economy. During today’s interview, Stoller explains the disparity between the economic numbers and how working people are feeling, citing missing inflation data and a host of counteracting economic policies. The two also dig into the current antitrust case against tech giant Google — the biggest antitrust lawsuit in several decades — and what it portends for the future of the tech industry and the economy as a whole. A transcript of this episode is available here. Links: The Missing Inflation Data (The Lever, 2023) BIG by Matt Stoller BONUS: Next Monday's bonus episode of Lever Time Premium, exclusively for The Lever’s supporting subscribers, will feature our interview with former Senior Advisor to Senator Bernie Sanders, Nikhil Goyal, about his new book Live to See the Day: Coming Of Age In American Poverty, which chronicles the lives of three Puerto Rican teenagers growing up in one of Philadelphia’s poorest neighborhoods as they navigate America’s broken education and welfare system. If you'd like access to Lever Time Premium, which includes extended interviews and bonus content, head over to LeverNews.com to become a supporting subscriber. If you’d like to leave a tip for The Lever, click the following link. It helps us do this kind of independent journalism. levernews.com/tipjar Learn more about your ad choices. Visit megaphone.fm/adchoices