Discover and read the best of Twitter Threads about #bidenomics

Most recents (3)

Das @handelsblatt berichtet heute über die neue Studie @DelorsInstitute zu 🇺🇸's Industriepolitik namens #IRA #Bidenomics

Die hat's nämlich in sich🔥

Ein 🧵warum und wie 🇪🇺 darauf antworten muss und was das mit dem #Industriestrompreis zu tun hat (1/16)

handelsblatt.com/politik/intern…
Die Studie quantifiziert (m.E. erstmalig), welche Auswirkungen #IRA Subventionen bzw. tax credits auf die Produktionskosten für klimafreundliche Technologien in 🇺🇸 versus 🇪🇺 und 🇨🇳 haben werden.

Spoiler: einen dramatischen! /2

delorscentre.eu/de/publikation…
Beispiel 1: Batterien für EVs

Gute Nachricht: Sie werden global billiger. Aber aus Perspektive von "Autoland 🇩🇪" sind das beunruhigende Zahlen.
Soll das Herzstück des neuen Antriebsstrangs bald importiert werden? Wie viel Wertschöpfung bleibt dann am Standort? /3 Image
Read 16 tweets
I will not learn anything about trade law
I will not learn anything about trade law.

Looks at EU's complaint against US for make in America & buy American policies in US climate bill IRA.

Blinks. Twice.
I will not learn anything about trade law. ImageImageImageImage
Industrial policy is going to require greening trade which means greening intl trade & investment law.

people to follow for intl trade law disputes over green industrial policy - @toddntucker @greenprofgreen @bentleyballan etc.
rooseveltinstitute.org/wp-content/upl…
#bidenomics has long been on a collision course with the vast armies of N American EU and E Asian lawyers.
Read 7 tweets
Buckle up. Fed is going full Inflation HAWK. 75 basis points now and again and again till stocks and housing implodes. And workers are brought back to line.

Market Winter is here. adamtooze.substack.com/p/chartbook-12…
Powell wants to crush inflation. No more running the labor market hot to let wages rise. The goal now is "to get wages down" and increase employer power.
RIP #Bidenomics
policytensor.substack.com/p/the-making-o…
that part above about Fed imposing worker discipline is not in quotes i.e Powell did not actually say that.

@jul1arock reported on that May 4 Fed presser. Her piece has some direct Powell quotes.
levernews.com/the-fed-declar…
Read 9 tweets

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