What Bidenism Is About

The Sunny Side of Post-Neoliberalism

The Inflation Reduction Act. The CHIPS and Science Act. The Bipartisan Infrastructure Law. 

Together, they’re the foundation of Bidenism, as Roosevelt President and CEO Felicia Wong discusses on today’s episode of The Ezra Klein Show.

“I think that Bidenism is still what I sort of call the sunny side of post-neoliberalism,” says Wong, “using public funds and the power of government to make life better for working people, for working Americans.”

“And I think that this team, especially the National Economic Council team, can see both public investment and antitrust as two sides of a coin.”

Next Thursday, Wong and The New Republic editor Michael Tomasky will dig into that framework with Brian Deese, Director of the National Economic Council—the first guest on their new podcast, How to Save a Country. 

Each week, Wong and Tomasky will introduce you to the people and ideas moving America forward in uncertain times—connecting dots across economics, law, and politics to show that there is a way forward for our democracy.

Listen to the trailer of How to Save a Country, and subscribe here.

Getting Crypto Regulation Right

“Just as the movement to deregulate derivatives in the late 1990s planted the seeds of instability that would eventually bloom into a full-blown financial crisis, the action we take on cryptocurrencies will have massive impacts on the economy for years to come,” Roosevelt’s Emily DiVito and Joseph Miller write in the second blog post of their crypto series.

Read more in “What Current Crypto Proposals Miss, and Why We Need to Get It Right.”

What We’re Reading and Listening To

Mitch Better Have Their Money [podcast feat. Roosevelt fellow Lindsay Owens] – Pod Save America

Joe Biden’s Industrial Policy Is Big, Bold, and Fraught with Difficulty [feat. Roosevelt’s Todd Tucker] [paywall] – The Economist

Americans Owe Less than They Did. How the Fed Could Change That. [feat. Roosevelt’s J.W. Mason] – Barron’s

The Story behind the Averted Rail Strike Is about Employers and Exploitation – New York Times