‘We Have Created the Scarcity on Purpose’

The economy is one of the biggest vulnerabilities for Democrats this election and, in particular, the issue of affordability. Many Americans blame the Biden administration for the past few years of high inflation, and housing costs have become a crisis in cities across the country. These are top concerns for voters, and the Democratic Party hasn’t articulated the clearest answer.

But there are some Democrats working hard on this and trying to push the party in a new direction. Brian Schatz is the senior senator from Hawaii and an influential policy voice in the Democratic Party. And over the past few years, he’s had a political evolution — about why things are so expensive and the role the government should play to fix it.

In this conversation, I talk with Senator Schatz about the role the Democratic Party has played in making the affordability crisis worse, the policies he thinks could make a dent and why it’s so hard for the party to change course.

This episode contains strong language.

Mentioned:

“Americans still waiting on Biden broadband plan; rural high-speed internet stuck in Dems’ red tape” by Susan Ferrechio

Book Recommendations:

Walk, Ride, Paddle by Tim Kaine

The Amen Effect by Sharon Brous

Wounded Knee by Heather Cox Richardson

Thoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.

You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.

This episode of “The Ezra Klein Show” was produced by Elias Isquith. Fact-checking by Kelsey Kudak. Our senior engineer is Jeff Geld, with additional mixing by Isaac Jones. Our senior editor is Claire Gordon. The show’s production team also includes Annie Galvin, Michelle Harris, Rollin Hu, Kristin Lin and Aman Sahota. Original music by Isaac Jones. Audience strategy by Kristina Samulewski and Shannon Busta. The executive producer of New York Times Opinion Audio is Annie-Rose Strasser. And special thanks to Sophia Boyd, Efim Shapiro and Sonia Herrero.

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