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President Biden: How Radical Is He?
Joe Biden has already exceeded some people's expectations. Others believe his economic plan is insufficient to handle the climate catastrophe and America's decline. While his Covid relief plan saw billions spent right away, the Jobs Plan proposes investing $35 billion in green R&D over the next eight years, which is less than what Americans spend on pet food each year.
So, just how radical is Vice President Joe Biden? Is there a concept known as 'Bidenomics'? And does the incoming President mark a departure from Democratic predecessors Bill Clinton and Barack Obama's orthodoxy?
On this week's Downstream with Aaron Bastani, Adam Tooze, a Columbia University professor and author of "Crashed: How a Decade of Financial Crises Changed the World," discusses all of these issues.
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