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Trapped in the Democratic Party

President Joe Biden has made “Bidenomics” the centerpiece of his reelection campaign, touting it as an explicit break with Ronald Reagan’s “trickle-down economics” and a return to FDR’s New Deal policies. National Security Adviser Jake Sullivan calls i…

President Joe Biden has made “Bidenomics” the centerpiece of his reelection campaign, touting it as an explicit break with Ronald Reagan’s “trickle-down economics” and a return to FDR’s New Deal policies. National Security Adviser Jake Sullivan calls it “the new Washington consensus,”while Treasury Secretary Janet Yellen terms it “modern supply-side economics,” a post-Keynesian development strategy. More

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This content originally appeared on CounterPunch.org and was authored by Ashley Smith -.


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