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Pitchfork Economics with Nick Hanauer

The Middle-Out President (with President Joe Biden)

Pitchfork Economics with Nick Hanauer

Civic Ventures

Business, Government, News, Politics

4.8 • 1.5K Ratings

🗓️ 17 December 2024

⏱️ 35 minutes

🧾️ Download transcript

Summary

This week, Nick and Goldy interview a Pitchfork Economics first: a sitting President of the United States. President Joe Biden joins the podcast for a conversation about the transformative economic vision at the heart of his presidency. Biden shares how his groundbreaking middle-out economic policies—investing in workers, rebuilding infrastructure, and revitalizing American industries—are reshaping the economy and creating a legacy of shared prosperity. From empowering unions to creating good-paying jobs and boosting wages, the President underscores why a thriving middle class isn’t just the foundation of a strong economy—it’s the engine that drives it. This is an insightful discussion with the leader who has helped turn the page on five decades of failed economic theory, breaking the suffocating DC economic consensus in favor of prioritizing working Americans. Joseph R. Biden is the 46th President of the United States.  Social Media: Facebook: Joe Biden Instagram: joebiden Threads: joebiden Twitter: @JoeBiden Further reading:  President Biden in The American Prospect: From the Middle Out and Bottom Up A New Economics Takes Hold Website: http://pitchforkeconomics.com Instagram: @pitchforkeconomics Threads: pitchforkeconomics Bluesky: @pitchforkeconomics.bsky.social Twitter: @PitchforkEcon, @NickHanauer, @civicaction YouTube: @pitchforkeconomics LinkedIn: Pitchfork Economics Substack: The Pitch

Transcript

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0:00.0

The rising inequality and growing political instability that we see today are the direct result of decades of bad economic theory.

0:10.3

It's time to build our economy from the bottom up and from the middle out, not the top down.

0:15.8

Middle out economics is the answer. Because Wall Street didn't build this country. Great middle class built this country.

0:22.6

The more the middle class thrives, the better the economy is for everyone, even rich people

0:28.6

like me.

0:33.6

This is Pitchfork Economics with Nick Hanauer, a podcast about how to build the economy from the middle out.

0:42.6

Welcome to the show.

0:50.1

Nick, you know that guy we always play a clip of at the top of the podcast?

0:55.0

The president of the United States?

0:57.6

Absolutely. Well, guess who we're talking to today?

1:01.3

Yes, today we get to talk to the actual president of the United States on our podcast,

1:06.7

which I guess you would call a pretty big get in the podcast world.

1:10.4

It's a pretty big get to talk to Joe Biden.

1:13.9

As a former talk radio host, I would have killed for that opportunity.

1:19.0

Yeah, it's so fun that he's been, he's willing to chat with us for a little while about his

1:24.2

economic legacy and middle out economics and stuff.

1:32.9

Obviously, the man accomplished so much and was such a transformational president.

1:38.8

Such a shame that the orange one is going to try and screw it all up.

1:41.6

But who cares about that right now?

1:44.6

Today, we get to talk to the president of the United States about middle out economics. So let's go do that.

1:52.7

You have President Biden online.

1:55.5

Hey, Nick, you want to admit me?

...

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