VP Kamala Harris charts her own economic path as presidential hopeful

Aug 19, 2024
At the Democratic convention, Kamala Harris may walk a fine line between lauding Biden's successes and articulating her own vision.
Posters promote nominee Kamala Harris on the first day of the Democratic National Convention in Chicago.
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Why the so-called “left behind” bloc might be doing better than you think

The Economist digs into data regarding those who lost their jobs in manufacturing.
Above, the Gautier Steel Mill in Johnstown, Pennsylvania, in September 2016. "The traditional Rust Belt states ... actually have had lower unemployment rates than the national average," said The Economist's Zanny Minton-Beddoes.
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What can we learn from political polarization in a Michigan swing county?

Marketplace's Nancy Marshall-Genzer visited Kent County, Michigan, to hear how voters there feel about the economy. Here's what she learned.
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Biden administration tries again to relieve student debt

Aug 1, 2024
It's trying a different route to loan forgiveness, but it is unclear how successful the plan will be.
President Joe Biden's administration is eyeing statutory rules changes to waive accrued interest in its latest attempt at debt relief. Above, Biden in April.
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How will President Biden's exit from the presidential race affect campaign spending?

Jul 23, 2024
Harris’ campaign will likely spend earlier on introductory ads than if Biden were at the top of the ticket. The GOP will need to pivot spending to take on a new opponent.
With Kamala Harris poised to take the Democratic nomination, you can expect a slew of ads introducing her to the electorate ahead of next month’s Democratic National Convention.
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Biden uses State of the Union speech to tout his economic track record

Mar 8, 2024
He cited job growth and cheaper drugs for seniors, among other things.
During the State of the Union address on Thursday, President Joe Biden touted the strong labor market the U.S. has seen under his presidency.
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No screen is likely to be safe from the deluge of political advertising this year.
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For public good, not for profit.

To make its economic pitch to voters, the Biden administration puts a spin on a familiar term

Jun 28, 2023
"Bidenomics" is a brand identity the campaign hopes Americans will associate with good things.
President Joe Biden speaking in Chicago about his "Bidenomics" economic agenda.
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The debt limit deal would reduce government spending by about $1.5 trillion

May 31, 2023
Reduced government spending can have an impact on the broader economy. But economists say the effects will likely be limited.
"It does slow the economy, but not in a particularly meaningful way," said economics professor Justin Wolfers of the debit limit deal reached by House Speaker Kevin McCarthy and President Joe Biden.
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The markets are taking debt limit uncertainty in stride — for now

May 9, 2023
Stock markets aren't upset by the debt limit debate. But that could change as the June 1 default deadline draws closer, analysts say.
The stock market doesn't have a lot to react to because little is happening in terms of raising the debt limit, says Ian Dew-Becker, a finance professor at Northwestern University. Above, a trader at the New York Stock Exchange.
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