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The Dig

Bidenomics w/ Daniela Gabor, Ted Fertik, & Tim Sahay

The Dig

Daniel Denvir

News, Politics

4.81.5K Ratings

🗓️ 21 July 2023

⏱️ 148 minutes

🧾️ Download transcript

Summary

Featuring Daniela Gabor, Ted Fertik, and Tim Sahay on Bidenomics. We define and debate the new American industrial policy, the energy transition, the New Cold War with China—and more.

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Transcript

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0:00.0

This episode of The Dig is brought to you by our listeners who support us at Patreon.com

0:04.4

and by The New Press, which has loads of great titles, perfect for dig listeners like you.

0:10.3

One that you might like is War Made Invisible, how America hides the toll of its military machine

0:16.7

by Norman Solomon. From Iraq through Afghanistan and Syria, and onto little known deployments in

0:22.4

a range of countries around the globe, the United States has been at perpetual war for at least

0:27.6

the past two decades. 9-11 in the war in Afghanistan set into motion a hugely consequential shift

0:34.5

in America's foreign policy, a constant state of war that is almost entirely invisible to the

0:40.4

American public. War made invisible by the journalist and political analyst Norman Solomon

0:46.8

exposes how this happened and what its consequences are, from military and civilian casualties

0:53.5

to drained resources at home. Necessary timely and unflinching, War Made Invisible by Norman Solomon

1:00.6

is available now from The New Press. Order your copy wherever books are sold.

1:15.1

Welcome to The Dig, a podcast from Jacobin Magazine. My name is Daniel Denver and I'm broadcasting

1:21.2

from Providence, Rhode Island. Behold a new American industrial policy. Behold bi-denomics.

1:29.7

The Inflation Reduction Act, the Infrastructure Investment and Jobs Act, and the Chips and Science

1:35.2

Act. The proclaimed goals of bi-denomics are to speed a green energy transition to confront

1:41.0

climate change, revive American manufacturing and union density, and check China's economic

1:47.4

and military power. President Biden recently described this economic agenda as a, quote,

1:53.3

fundamental break from the economic theory that has failed America's middle class for decades now,

1:59.2

trickle down economics. National Security Advisor Jake Sullivan criticized, quote,

2:04.8

a set of ideas that champion tax cutting and deregulation, privatization over public action,

2:11.2

and trade liberalization as an end in itself, synthesized in the belief, quote,

2:17.0

that markets always allocate capital productively and efficiently. The Biden administration,

...

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