{"id":16372,"date":"2023-12-20T17:09:34","date_gmt":"2023-12-20T16:09:34","guid":{"rendered":"https:\/\/www.progressives-zentrum.org\/en\/?p=16372"},"modified":"2025-03-06T13:43:40","modified_gmt":"2025-03-06T12:43:40","slug":"on-the-political-lessons-of-bidenomics-and-what-works-with-voters-and-what-not","status":"publish","type":"post","link":"https:\/\/www.progressives-zentrum.org\/en\/on-the-political-lessons-of-bidenomics-and-what-works-with-voters-and-what-not\/","title":{"rendered":"On the political lessons of Bidenomics (and what works with voters and what not)"},"content":{"rendered":"\n

The first two years of the Biden Administration ushered in a commitment to industrial policy not seen since the days of Lyndon Johnson and Franklin Delano Roosevelt. The passage of seminal pieces of legislation\u2013the Inflation Reduction Act (IRA), the Bipartisan Infrastructure Law (BIL), and the CHIPS and Science Act (CHIPS) most prominent among them\u2013alongside multiple executive actions aimed to change the course of the economy and reset the priorities of the federal government to center American workers and support American industry. It was not without difficulty nor discord. Partisan politics did and still do threaten to stop or curb this progress and the impact of these laws on international collaboration and competition are still being sorted. With all that said, the early stages of implementing this new American industrial policy are bearing wholesome fruit, but challenges lie ahead.<\/em><\/strong><\/p>\n\n\n\n

Passing legislation of the magnitude of the IRA and BIL was certainly difficult, and yet implementing those laws has been no easier. The last year, the Biden Administration has focused intently on moving the massive sums of money to states, communities, people, and industry in a timely fashion. Most of this money has been rightfully subject to guidelines for equity and worker empowerment, and many of those were either new applications of previous standards or new standards altogether. In spite of this, guidelines for wages, apprenticeships, domestic content, and place-based investing have all been initiated and finalized in enough time to ensure that investments have started flowing out of the door.<\/p>\n\n\n\n

There have been significant touch points along the way. Building and accessing a responsible supply chain for critical materials and their associated raw materials, core to policies in all three pieces of legislation, has required consistent Administration engagement with countries across the world and the development of mineral production and processing capabilities at home. Inflationary pressure on supply chains and interest rate increases significantly impacted the costs of projects, which has most acutely impacted the offshore wind industry. And the growth in electric vehicles has had to overcome a culture war<\/a> incursion and a strike by the United Auto Workers, who rightfully<\/a> took the fight to the auto companies demanding better wages and conditions for their existing members and also a clear future in the companies\u2019 investments in EV assembly and battery manufacturing.<\/p>\n\n\n\n

Have these impacts been felt yet? Well, very recent polling<\/a> has shown that only 36% of registered voters in the U.S. have heard a lot or even some about the IRA. When hearing a briefing describing the law, that very same poll shows that a large majority\u201371%\u2013support it. This leads to a fairly straightforward conclusion. Americans, who are dealing with similar issues with rising costs as Europeans, have yet to fully understand the impact of the Administration\u2019s successful industrial policy. Job creation<\/a> is happening. Massive investments<\/a> in communities are happening. Successful perception by everyday Americans?\u2026 not quite yet.<\/p>\n\n\n\n

To change that perception will require persistent storytelling about the impacts on everyday Americans by different voices. It will also require the integration of these messages into the outreach by key parts of the progressive ecosystem. That should not be terribly difficult because President Biden\u2019s worker focused, green industrial policy is something that\u2013in different ways\u2013the labor and environmental movement have been demanding for years. Unions have been and will continue to message to their members about the success of this policy strategy for high quality job creation, and the environmental movement will have the message that this strategy is the one that has finally delivered broad, bold climate action.<\/p>\n\n\n\n

In addition to near term perceptions, the impact of this new industrial policy will endure over the long term. It has linked the trials of working people with the crisis of climate change and the opportunity to revitalize portions of the U.S.\u2019s industrial base. This link is critical to building trust and support from working people. It is creating a culture that the government can, in fact, work for working people while solving the biggest challenges of our time. <\/p>\n\n\n\n

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This article was produced with the financial support of the European Parliament. It does not represent the view of the European Parliament.<\/em><\/p>\n\n\n\n

Author<\/h2>\n\n\n
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Mike Williams<\/a><\/h4>
Center for American Progress Action<\/div>
<\/div><\/div>
Mike Williams is a Senior Fellow with the Center for American Progress Action, where his work focuses on the intersection climate, trade, and industrial policy.<\/div><\/div>\n\n\n\n

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Further articles<\/h3>\n\n\n
\"A<\/a><\/div>

Buried Villages, Fragile Democracies: Coal, Community, and the Unsteady Politics of the Climate Transition<\/a><\/h4>
Posted on<\/span>
The transition away from fossil fuels is as much about democratic resilience as it is about energy. Steve Patterson explores the \u201cpolitical whiplash\u201d of shifting national policies and the enduring struggle to protect community heritage from the erosion of both physical landscapes and institutional norms.<\/div>
Steve Patterson<\/a><\/div>
Debate<\/a>, Project Report<\/a><\/div><\/div><\/div>
\"\"<\/a><\/div>

Revitalising the Industrial Heartlands: Retrospective and Results from the Transatlantic Dialogue<\/a><\/h4>
Posted on<\/span>
Drawing on three years of transatlantic research and exchange, the project's closing conference explored actionable strategies for heartland revitalization\u2014demonstrating that cities and municipalities are driving both economic revival and democratic renewal.<\/div>
Aaron Remus<\/a>, Axel Ruppert<\/a><\/div>
Event Report<\/a><\/div><\/div><\/div>
\"Conference<\/a><\/div>

Trade, Trust and Transition \u2013 Transatlantic Perspectives in Times of Geopolitical Disruption<\/a><\/h4>
Posted on<\/span>
In an era marked by global insecurity, geopolitical friction, and economic transformation, the Progressive Economics Network (PEN) reconvened in Washington, D.C.<\/div>
S\u00f6ren Hellmonds<\/a>, Mariam Ghebregergis<\/a><\/div>
Event Report<\/a>, News<\/a><\/div><\/div><\/div> <\/div>\n\n\n\n
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To the blog<\/a><\/div>\n<\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

The first two years of the Biden Administration ushered in a commitment to industrial policy not seen for a long time. The early stages of implementing this new American industrial policy are bearing wholesome fruit, but challenges lie ahead.<\/p>\n","protected":false},"author":66,"featured_media":16383,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[219],"tags":[272,197],"class_list":["post-16372","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debate","tag-hausblog","tag-sozial-oekologische-marktwirtschaft"],"acf":[],"yoast_head":"\nOn the political lessons of Bidenomics (and what works with voters and what not) - Das Progressive Zentrum - EN<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.progressives-zentrum.org\/en\/on-the-political-lessons-of-bidenomics-and-what-works-with-voters-and-what-not\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"On the political lessons of Bidenomics (and what works with voters and what not)\" \/>\n<meta property=\"og:description\" content=\"The first two years of the Biden Administration ushered in a commitment to industrial policy not seen for a long time. 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