cover of episode How the U.S. Election Will Affect the Economy

How the U.S. Election Will Affect the Economy

2024/11/1
logo of podcast Ones and Tooze

Ones and Tooze

Chapters

This chapter discusses the potential impact of the 2024 US election on the country's economic trajectory. It analyzes the economic platforms of the Biden-Harris and Trump campaigns, highlighting the contrasts and potential consequences of each. The discussion also explores the current structure of the US economy, focusing on the dollar's role as the world reserve currency, the unusual fiscal policy stance, and the influence of big tech and AI.
  • 775,000 manufacturing jobs added since Biden took office.
  • Biden's industrial policy contrasts with Trump's focus on tax cuts and military spending.
  • A Trump victory could lead to a more unequal distribution of wealth.
  • Trump's proposed tariffs could disrupt the global trading system.
  • The US economy's trajectory may depend on factors beyond the election, such as the dollar's status and the national debt.

Shownotes Transcript

The economic platforms of Harris and Trump contrast sharply. But will this election change the country's economic trajectory? Adam and Cameron dig in.

Also on the show: Everything you wanted to know about the North Korean military.

And a note from Adam and Cameron: In order to keep Ones and Tooze going, we're planning to start a membership program. This is a chance for listeners to tell us what kind of extra content they'd want to hear. Interviews? Listener questions? A Ones and Tooze book club? Please click on the link below and fill out the survey.

https://bit.ly/3NBskqM)

Learn more about your ad choices. Visit megaphone.fm/adchoices)