President Joe Biden’s Inflation Reduction Act involves $400bn of handouts for energy, manufacturing and transport and includes make-in-America provisions. In many ways the scheme resembles the industrial policies that China has pursued for decades. ⁦@TheEconomist0 atbildes

juriskazha
(2022-11-25 01:58:58)
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President Joe Biden’s Inflation Reduction Act involves $400bn of handouts for energy, manufacturing and transport and includes make-in-America provisions. In many ways the scheme resembles the industrial policies that China has pursued for decades. ⁦@TheEconomist

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