Rachel Reeves would be foolish to adopt “Bidenomics” in the UK


Source: newstatesman.com newstatesman.com

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Photo by Anthony Devlin/Bloomberg via Getty Images Clintonomics was the last successful US economic policy blueprint – and it worked politically for the US and many other countries that tried it. It worked for Tony Blair and Gordon Brown. The main planks of Clintonomics were macroeconomic stabilisation, global trade liberalisation, welfare reform and economic deregulation. The last of these went too far. But as package, it worked. Bidenomics is not working politically, even for Joe Biden. A recent New York Times/Siena College poll shows Donald Trump beating Biden in five of the six most important swing states in the US....