pisaniferry122_Photo By Bill ClarkCQ-Roll Call, Inc via Getty Images_minimum wage Bill ClarkCQ-Roll Call, Inc via Getty Images

Is Bidenomics More Than Catch-Up?

The Biden administration's promises to "think big" and rebuild the country seem like a major historical departure from decades of policy orthodoxy. And yet, insofar as its agenda will merely help the United States catch up to other advanced economies, its main components amount to necessary but insufficient reforms.

PARIS – “Let us think big,” exhorted US Secretary of the Treasury Janet Yellen in May. “Let’s build something that lasts for generations.”

https://prosyn.org/4kS6xuG