{"id":145492,"date":"2022-10-03T07:15:49","date_gmt":"2022-10-03T15:15:49","guid":{"rendered":"https:\/\/lukeford.net\/blog\/?p=145492"},"modified":"2022-10-03T07:26:31","modified_gmt":"2022-10-03T15:26:31","slug":"biden-favors-lawyers-over-economists","status":"publish","type":"post","link":"https:\/\/lukeford.net\/blog\/?p=145492","title":{"rendered":"Biden Favors Lawyers Over Economists"},"content":{"rendered":"

From the Washington Post<\/a>: <\/p>\n

The change captures a shift in the party \u2014 also spurred by Trump \u2014 as Democrats pay more attention to powerful gestures and less to following the intellectuals and policy savants often perceived as out of touch with political currents. In the Obama administration, Summers helped shoot down some of then-Vice President Biden\u2019s proposals to revive manufacturing for blue collar workers that he viewed as likely to prove ineffective, although the two worked together on the same side of the Detroit auto bailout. But critics say there are significant risks to this newer approach, pointing to soaring inflation \u2014 which Summers warned of, only to be ignored \u2014 as evidence.<\/p>\n

\u201cThe economists are in a much more reactive position than they were in the Obama administration,\u201d said one senior Biden administration official, speaking on the condition of anonymity to reflect internal dynamics. \u201cThey are being told, \u2018Here\u2019s what the policy is.\u2019 There may be some flexibility to change things on the edges, but in general, by the time they weigh in, the policy has already been set.\u201d<\/p><\/blockquote>\n

This article misses the point that Trump didn’t just make gestures for his audience, he created concrete benefits. Real wages for the least educated rose at the most significant rate in 50 years. In 2020, Trump crushed illegal immigration with his remain in Mexico program. <\/p>\n","protected":false},"excerpt":{"rendered":"

From the Washington Post: The change captures a shift in the party \u2014 also spurred by Trump \u2014 as Democrats pay more attention to powerful gestures and less to following the intellectuals and policy savants often perceived as out of … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[162],"tags":[],"class_list":["post-145492","post","type-post","status-publish","format-standard","hentry","category-economics"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t