
The Dig: Bidenomics w/ Daniela Gabor, Ted Fertik, & Tim Sahay
Jacobin Radio
00:00
The Balance of Political Forces in the US Congress
The bi-denomics bill had to make its way through Congress. It's hemmed in by sort of three big forces inside the US Congress that are also there in other countries and jurisdictions like the EU, says Julian Zelizer. The deficit hawks don't want spending to be greater than the revenue; China hawks have a very aggressive containment agenda. Fossil capitalists were given a huge shot in the arm after the Ukraine war as prices shoot up: 'Open all the floodgates,' they say.
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