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Heather Boushey Profile picture
@hboushey46
Apr 19 • 3 tweets • 1 min read • Read on X
The best of pods: Digging into the middle out economics with @NickHanauer & @michaeltomasky!

1/
If you're more of a reader than a listener, check out this summary of how the President's economic agenda is building the economy from the middle out by investing in America, empowering workers, and ensuring markets are fair:

2/whitehouse.gov/wp-content/upl…
And, we already see evidence that these ideas are actually delivering for people across the country. Here's just one recent summary of some metrics of success:


/ENDwhitehouse.gov/briefing-room/…

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More from @hboushey46

Heather Boushey Profile picture
Apr 16
Climate-energy-macro modeling provides the missing link to evaluate how microeconomic policies such as the Inflation Reduction Act affect macroeconomic outcomes--including employment, wages, and costs.

The new CEA-OMB White Paper outlines how to deliver this missing link. 1/
Ultimately, climate-energy-macro modeling will enable us to address important questions:

➡️How do climate risks affect the macro situation?
➡️How do climate and clean energy policies mitigate risks?
➡️How do policies interact with one another to affect the macro situation?

2/
You can read the white paper here:
3/whitehouse.gov/cea/written-ma…
Read 4 tweets
Heather Boushey Profile picture
Nov 21, 2023
To understand how @POTUS’ Investing in America agenda is going, let's dig into three questions:

1) What did forecasters expect *before* IIA passed?
2) What did they forecast *after* it passed?
3) What has *actually* happened?

A🧵on some initial answers to those questions. 1/ Image
The Investing in America agenda was designed to produce affordable, clean energy and enable American manufacturing of critical goods. We’ve been tracking indicators that pertain to both of these goals. 2/
FIRST: Producing affordable clean energy. According to data from the U.S. Energy Information Administration, planned clean electricity generating capacity additions are considerably higher now than before Investing in America. 3/ Image
Read 7 tweets
Heather Boushey Profile picture
Oct 23, 2023
New data show that private companies have announced plans for about 94 GW of new clean power generation projects since @POTUS took office, representing an estimated $133 billion in investment as of August 2023. A thread (and new blog!) about clean energy job growth… 1/ Image
These investments have spurred strong job growth. Between January 2021 and March 2023 (most recent data), the economy added 21,000 jobs in power generation and supply--reaching its highest level in more than a decade after a prolonged decline in the industry. 2/ Image
These job gains were driven by increased employment in electricity transmission and distribution and increased clean electric power generation. 3/
Read 12 tweets
Heather Boushey Profile picture
Oct 21, 2023
There’s a lot of talk about Bidenomics out there. But what is Bidenomics? And 2+ years in to the Administration, how is it going?

A thread with figures—and maps! 1/ Image
To understand Bidenomics, we have to start with the challenges. @POTUS entered office after half a century of rising inequality and racial gaps—between 1979 and 2020, workers’ productivity grew nearly 62%, but the average worker’s pay and benefits increased by just 18%. 2/ Image
The costs of climate change had skyrocketed, with the average number of (inflation-adjusted) billion-dollar disasters rising from under 5 annually to 20. 3/ Image
Read 16 tweets
Heather Boushey Profile picture
Oct 10, 2023
Last week, we learned that in August, real spending on the construction of manufacturing facilities hit a record high! A thread on what is happening with manufacturing and why manufacturing matters for our economy. 1/ Image
The President has signed into law a set of laws that encourage and support investment in the domestic manufacturing of critical goods—things like semiconductors and clean energy technologies that are vital for economic growth and national security. 2/
The laws are designed to crowd in private investment, and since they’ve passed, spending on manufacturing construction has nearly doubled, spurred by a massive increase in spending on manufacturing computer, electronic, and electrical goods. 3/
whitehouse.gov/briefing-room/…
Image
Read 11 tweets
Heather Boushey Profile picture
Aug 10, 2023
This week marks the one-year anniversary of the CHIPS and Science Act—a historic investment that builds domestic semiconductor supply chains, strengthens our STEM workforce, and fosters national and economic security. Here’s an update on progress over the past year … 🧵 Image
The CHIPS Act invests in America by providing $39 billion in incentives for domestic semiconductor facilities, $11 billion for research and workforce development, $10 billion for regional technology hubs, and more. 2/
nist.gov/chips#:~:text=…
Semiconductors are important for everyday devices like phones, computers, cars (including EVs), life-saving medical devices, and military technologies. One analysis found that semiconductors were a direct input in ~25% of manufacturing industries. 3/
research.stlouisfed.org/publications/e…
Read 9 tweets

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