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Day: July 21, 2023

The Left Shouldn’t Get Too Excited About Joe Biden’s “Supply-Side Liberalism”

March 4, 2025July 21, 2023 by Joe
President Joe Biden displays a semiconductor during a White House press conference, February 24, 2021. (Doug Mills / Pool / Getty Images)

Biden’s economic policies mark a shift from neoliberal orthodoxy, emphasizing state-directed investment through subsidies and tariffs. However, this turn toward industrial policy reflects the weakness of organized labor rather than the strength of a progressive movement.

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