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The state of Bidenomics - by Noah Smith - Noahpinion

noahpinion.substack.com · 2,788 words · saved by 1 readers

Inflation is coming down and everyone has a job, but investment and wages need a boost.

I thought Biden gave a pretty good State of the Union speech this week. It was very focused on economic policy rather than foreign affairs or culture wars, which I think is a good thing; American society would be healthier right now if we were a bit more focused on abundance instead of conflict. Anyway, SOTU speeches are always a bit of a balance between trumpeting economic good news — which reflects well on the President, even though it’s only ever partially his doing — and listing policy priorities for the next year. So I thought I’d write a reaction post with a similar breakdown. The…

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