Saturday Jan 11, 2025

Biden’s Economic Legacy and the Future of U.S. Growth

Explore President Biden's economic achievements as he prepares for his farewell address, highlighting job growth and a shift from 'trickle down' economics. Delve into the launch of UC Berkeley's Climate and Society Center, which integrates Buddhist economic principles for sustainable policy-making. Understand the implications of rising UK borrowing costs and the concept of the 'invisible hand' in economics and investing. This episode offers a comprehensive analysis of current economic strategies and their potential impact on global markets.

Sources:
https://www.independent.co.uk/news/world/americas/us-politics/biden-jobs-farewell-address-rump-b2677648.html
https://patch.com/california/berkeley/buddhist-economics-focus-new-uc-berkeley-research-center
https://theconversation.com/uk-borrowing-costs-have-hit-their-highest-level-since-the-banking-crisis-an-economist-explains-whats-happening-247122
https://finance.yahoo.com/news/invisible-hand-does-mean-economics-003303042.html

Outline:
(00:00:00) Introduction
(00:00:41) Biden touts his ‘middle out’ economic growth after yet another positive jobs report
(00:03:07) Buddhist Economics Focus Of New UC Berkeley Research Center
(00:05:29) UK borrowing costs have hit their highest level since the banking crisis. An economist explains what’s happening
(00:08:03) Invisible Hand: What Does It Mean in Economics and Investing?

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