Is Industrial Policy a Political Winner?

Source: The American Prospect
by Harold Meyerson

“By every economic metric, three signature achievements of the Biden presidency were a resounding success. Its infrastructure bill has led to long-overdue repairs and new construction of the nation’s roads, bridges, and digital interconnectors as well. Its CHIPS Act kick-started semiconductor production, a critically important field for the nation’s technological performance and security, which had been ceded to other countries. And the misnamed Inflation Reduction Act yielded a boom in new factory construction, in which America had lagged for decades as Wall Street and major corporations had preferred to offshore production to anyplace where labor was cheaper. By every political metric, however, American voters appeared largely indifferent to these achievements when they went to the polls.” (03/03/25)

https://prospect.org/politics/2025-03-03-kamala-harris-biden-industrial-policy/