Most Equitable Economic Recovery in American History

Nov 3, 2023 · 41m 21s
Most Equitable Economic Recovery in American History
Description

Leslie is joined by Scott Paul, President of the Alliance for American Manufacturing (AAM), a partnership established by some of America’s leading manufacturers and the United Steelworkers union. The two...

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Leslie is joined by Scott Paul, President of the Alliance for American Manufacturing (AAM), a partnership established by some of America’s leading manufacturers and the United Steelworkers union.

The two examine what is now the most equitable economic recovery in American history.

First, they break down data from a new Treasury Department report, which provides "new evidence that the recovery from the economic harm of the COVID-19 pandemic was the most equitable recovery in recent history. The report – which includes new Department research alongside new data released by the Federal Reserve Board – finds that the speed and strength of the response by the Biden-Harris Administration helped to thwart the worst economic outcomes anticipated from the COVID shock for Black and Hispanic families, and that, across a broad array of economic indicators, the financial well-being of Black and Hispanic families have remained strong relative to recoveries in recent history."
(Link here: https://home.treasury.gov/news/press-releases/jy1834)

Second, they discuss a Twitter thread on what 'Bidenomics' is, and how it's going two years into the Biden administration.
The data rich thread was posted by Heather Boushey, a Member of the Council of Economic Advisers & Chief Economist for the President's Invest in America Cabinet.
(Link here: https://twitter.com/hboushey46/status/1715711474994422140)

Finally, Leslie and Scott talk about why President Biden isn't getting more credit in the polls for the strong economic recovery that has happened under his leadership.
This includes a Bloomberg article from Matthew Yglesias examining that exact topic.
(Link here: https://www.washingtonpost.com/business/2023/10/22/biden-s-economy-is-great-everywhere-except-in-the-polls/d6bae722-70d6-11ee-936d-7a16ee667359_story.html)

For over 16 years, Scott Paul and AAM have worked to make American manufacturing a top-of-mind issue for voters and our national leaders through effective advocacy, innovative research, and a savvy public relations strategy.

Their website is www.AmericanManufacturing.org and their Twitter handle is @KeepItMadeInUSA.
Scott's handle is @ScottPaulAAM.
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Author Leslie Marshall
Organization Leslie Marshall
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