Biden has a better handle on economics than Trump – but there are still risks | Nouriel Roubini

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Biden has a better handle on economics than Trump – but there are still risks | Nouriel Roubini
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The new US president has emerged with a neo-populist agenda closer to his predecessor than to Obama

While the Clinton, George W Bush and Obama administrations each differed in their own way, their basic position on key economic policy questions was the same. For example, they all advocated trade-liberalisation agreements and favoured a strong dollar, seeing that as a way to reduce import prices and support the working classes’ purchasing power in the face of rising income and wealth inequality.

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