Biden has a better handle on economics than Trump – but there are still risks | Nouriel Roubini
by Nouriel Roubini from on (#5MX86)
The new US president has emerged with a neo-populist agenda closer to his predecessor than to Obama
About half a year into Joe Biden's presidency, it is time to consider how his administration's economic doctrine compares with that of Donald Trump and previous Democratic and Republican administrations.
The paradox is that the Biden doctrine" has more in common with Trump's policies than with those of Barack Obama's administration, in which the current president previously served. The neo-populist doctrine that emerged under Trump is now taking full form under Biden, marking a sharp break from the neoliberal creed followed by every president from Bill Clinton to Obama.
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