Paul Krugman Takes The Temperature Of "Bidenomics" And The U.S. Economy

Diane Rehm: On My Mind - A podcast by WAMU 88.5 - Thursdays

In poll after poll, voters around the country say their number one issue is the economy. Which should be good news for President Biden as we approach the November election. The job market is strong, the stock market is up, and inflation is down. And yet, a December 2023 Gallup poll, showed that four in five U.S. adults rate the country’s current economic conditions as “poor” or “fair.” Meanwhile, voters in swing states say they trust Donald Trump more than Joe Biden as an economic leader. “There are a bunch of things that have conspired to perpetuate the narrative of a bad economy even as the reality is kind of a miracle,” says Paul Krugman, New York Times columnist and Nobel laureate in economics. Krugman joins Diane to offer his perspective on just how healthy the U.S. economy is under Biden, was under Trump, and whether either man should actually get credit for it.

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