Episode 2: An in-depth discussion on the economic response to the COVID-19 pandemic, the impact of the American Rescue Plan, and the broader successes and challenges of the Biden administration’s economic policies. Together, they analyze the trade-offs between inflation and full employment, the underappreciated gains for low-wage workers, and the resurgence of US manufacturing through targeted industrial policy. The conversation also explores the complexities of economic messaging, the realities of supply chain shocks, and the ongoing debate over tariffs and industrial strategy.

• Tariffs Won’t Bring a Boom in American Manufacturing Co-authors: Jared Bernstein and Dean Baker
• Jared Bernstein was chair of President Biden’s Council of Economic Advisers.

About Jared Bernstein