'Bidenomics,' Like All Industrial Policy, Sucks
Plus: Does Tom Cruise really do all of his own stunts?

In this week's The Reason Roundtable, editors Matt Welch, Katherine Mangu-Ward, Nick Gillespie, and Peter Suderman appraise the current state of "Bidenomics" as well as the self-described No Labels centrist movement.
0:58: Assessing Bidenomics
24:03: The No Labels movement
39:42: Weekly Listener Question
47:43: Over-the-counter birth control!
53:14: This week's cultural recommendations
Mentioned in this podcast:
"'Bidenomics' Is Nothing New," by Veronique de Rugy
"Turns Out 'Bidenomics' Means Top-Down Economic Control," by Peter Suderman
"Joe Biden's Endless River of Debt and Regulation," by Nick Gillespie
"Joe Biden's $11 Trillion Plan to Bankrupt America," by Nick Gillespie
"The Fantasy of a 2020 Independent Centrist," by Matt Welch
"John Avlon: 'How the Lunatic Fringe Is Hijacking America,'" by Nick Gillespie
"On Independence Day, Find Common Ground Over Freedom," by J.D. Tuccille
"All Birth Control Pills, Not Just One, Should Be Over the Counter," by Jeffrey A. Singer
"What if the government banned birth control?" by Nick Gillespie, Elizabeth Nolan Brown, and Scott Winship
"Review: Mission: Impossible—Dead Reckoning Part One," by Kurt Loder
"Robert F. Kennedy Jr.: COVID, Ukraine, Bitcoin, Guns, Free Speech, and More," by Nick Gillespie and Zach Weissmueller
"Milan Kundera's Eternal Feud With Václav Havel," by Matt Welch
Send your questions to roundtable@reason.com. Be sure to include your social media handle and the correct pronunciation of your name.
Today's sponsor:
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Audio production by Ian Keyser; assistant production by Hunt Beaty.
Music: "Angeline," by The Brothers Steve
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24:03: The No Labels movement
Are we talking about that thing from the 90s?
nvm, this seems to be a thing about political parties... carry on.
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3rd party that promised they wouldn't run anybody if it hurts democrats according to their chair Leiberman.
Lieberman knows! He knows! Find Lieberman!
-Widely believed to be a reference to Sen. Joe Lieberman.
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They might not have a 'label' but we all know they have a leftist mentality. This is like the wolf in sheep clothing and will just be more big government that can't seem to stand staying out of states affairs. We need government to help manage, not pick and choose winners and losers. The more they meddle, the worst of the people. I'm sick of hearing about the achievements of Presidents. Their best achievements would be how they didn't interfere in our lives. When they generate no news, that's a great presidency. The Biden's administration keeps talking about 'democracy' all while trying to take away our representative democracy. They want control, not representation. They have no idea what a representative democracy is!
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Biden’s trickle down necessitates using a baby wipe afterwards.
You spit your tobaccy into a baby wipe?
Nu. There was fresh spittin tobacky on the baby. CPS is investigating.
Trickle down the leg economics.
Huh, so a Canadian teacher told her Muslim students that if they're not hip to Pride, they "don't belong here and can't be Canadian." Talking about behaving badly...
What about affinity for poutine and maple-scented candles?
That only applies in Quebec.
US more energy independent under Joe Biden:
https://www.wsj.com/livecoverage/stock-market-today-jobs-report-07-07-2023/card/the-u-s-energy-industry-is-quietly-breaking-production-records-89bPtjyuMDmU49VCDboo
and the point of this is what? Are you saying that because the US is more energy independent Bidenomics is a success?
Read his link. The projection is to get back to the Nov 2019 numbers which shows Bidens actual policies did harm energy production. Also what he doesn't show is the growth is on non federal lands and so Biden really has no credit for reaching the same numbers as 4 years ago.
We are already way ahead of 2019, you moron.
Look at the fucking WSJ chart. In 2019 we were in a net import position.
Read bullet one yet again shrike. My God. You just love not reading your own links.
Besides crude oil there is this fossil fuel called "natural gas" that is vital to energy independence, idiot.
Add natural gas liquids such as propane along with refinery gains to the crude numbers, and the country produced 19 million barrels a day of energy-rich liquids in April, according to Energy Information Administration data released last week.
.
The previous monthly record of 18.1 million barrels a day—set in November 2019—has now been topped in seven of the last eight months.
.
Throw in a booming biofuels market and liquids production is exceeding 20 million barrels a day. As a result, the EIA expects the U.S. to be a net exporter for the fourth year in a row, and to best last year's net exports by 13%.
Now STFU, you cretin.
Your bragging about meeting a level obtained 4 years ago. On state and private lands. For a president who has limited exploration and production on federal lands. Lol.
Post the graphs of LNG from 2019 to 2023. If you need a link it is in the posts from last week you claimed we already had record production.
I'll wait strike.
Weren't you embarrassed enough by this this morning?
You're talking to someone who invented an economic stat called the TSCPI (Taylor Swift Concert Profitability Index) with the explicit goal of "proving" Biden's economy is the best ever.
#IveHeardOfCherryPickingButDAMN
Fair.
Koch-funded libertarians should be thrilled with "Bidenomics." After all, the 20 richest people on the planet are getting much richer in Biden Year 3. And isn't that what your philosophy is all about: rapid concentration of wealth at the very top?
Oops! I forgot one crucial detail. Billionaires in general are doing well but, darn it, Charles Koch isn't. As Elon Musk approaches the quarter of a trillion milestone, Mr. Koch's inherited fortune has collapsed to a tragic $62,600,000,000.
Time for another Fiona column demanding cheap imported Ukrainian labor? 😛
#HowLongMustCharlesKochSuffer
Paycuts for the Koch monocle polishers may be forthcoming.
I could get behind special visas for imported Ukrainian super models.
Shrike has dibs on the trafficked Ukrainian children.
Kidnieper
Need more Milas and Millas!
Quarter trillion, eh? Wasn't he worth a third of a trillion a few years ago? Sounds like billionaires (along with the rest of us) are just starting to regain the wealth they lost in Biden year 1.
Well we know why Reason is talking about No Labels. It is the biggest concern for establishment media to get Biden another 4 years.
From neocons:
https://plus.thebulwark.com/p/no-labels-no-ideas
To liberal rags:
https://www.msn.com/en-us/news/politics/who-is-no-labels-the-group-rallying-in-nh-this-week-and-could-they-swing-the-presidential-election/ar-AA1dY7C2
Since polling shows a worse effect vs the dems they must be destroyed.
They are also, as far as I can see, the kind of centrists that combine all of the worst aspects of both parties.
It's important to note that opinions on economic policies, such as "Bidenomics" or any form of industrial policy, can vary widely based on individual perspectives and economic ideologies. People may have different opinions and criticisms regarding the effectiveness, impact, or merits of certain policies. Constructive discussions and open dialogue can help foster a better understanding of different viewpoints and lead to well-informed discussions on the topic.
BIDENOMICS
How will gun-force (death-threatening dictation; the only tool in governments toolbox) help the economy? Do guns make stuff without victimizing someone? (i.e. Slavery)
The party of slavery might of lost the civil war; but their agenda (to have slaves serve them) continues on today 100%. It's just been propagandize into racist-entitlement, sexist-entitlement and poor-entitlement (?who? will the slavers be and ?who? will the slaves be) because that's exactly what results from trying to use gun-force to make sh*t.
The ONLY asset to humanity as a whole a monopoly of gun-force (government) can possibly produce is Liberty and Justice for all. BEWARE of the PURE reality of the 'means' through which government makes promises. Promising to rob everyone's bank and throwing all that money around (wealth redistribution) will cause MORE poverty and MORE violence and is ANTI-Justice and ANTI-Liberty. It's an act of criminals no matter how well they're dressed.