Is Bidenomics Trying to Do Too Much?
Heather Boushey defends the administration’s industrial policy approach.
Last month, when news emerged that the American economy grew by 2.4 percent in the second quarter of 2023, U.S. President Joe Biden responded by saying that the results were “Bidenomics in action.” Biden had reason to be pleased: Apart from the faster-than-expected growth, inflation has begun to cool and the chance of a recession this year has declined.
Ravi Agrawal is the editor in chief of Foreign Policy. Twitter: @RaviReports
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