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Why Biden’s Economic Ambitions Fell Short: A Conversation With Jason Furman
From record-low unemployment to strong GDP growth, the Biden administration presided over what appeared to be a strong economic recovery in the aftermath of the pandemic. But these measures masked a more complex reality, argues Jason Furman in a new essay in Foreign Affairs. That reality, in his view, should reshape debates about economic strategies going forward.
Furman, now Aetna Professor of the Practice of Economic Policy at Harvard University, chaired the White House Council of Economic Advisers under President Barack Obama. He traces a stark disconnect between Biden’s lofty goals and…
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