And it’s opportunities to be part of industries that are going to be important for the future.
And the focus now is on making sure that those historic bills really show up in terms of opportunities for communities all across the country, including communities that have been left behind. I do wonder, though, if given the current state of things in Congress, we’re kind of done with fiscal policy in this country for the next two years, and you now have to manage implementation.īrainard: So it is absolutely the case that we had three historic pieces of legislation. Ryssdal: So we had Secretary Raimondo on the program yesterday, talked about that, actually, for the whole interview, right, what, what is going to happen in industrial policy in this country. So that agenda will really lead to a much more resilient supply side of our economy and put us on track for strong growth for years to come. economy, to put us on a clean energy path in a transformative way and to create hundreds of thousands of good-paying jobs all around the country. It really has the power to reindustrialize the U.S. So the president has an investing in America agenda that is transformative.
And I wonder how that’s different for you.īrainard: Look, for me, it is a chance to really make a huge difference in terms of the supply side of the economy. And here you are now in fiscal policy land. Ryssdal: Let me dig into that a little bit, because you’ve been doing monetary policy now for nine-plus years at the Fed.
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