"This presidential election is not very interesting, but it is important," the political commentator Josh Barro wrote in his newsletter, 'Very Serious.' Americans certainly seem to agree with the first part. Engagement with political news has been in the dumps, and many Americans seem to be tuning out the Biden-Trump II rematch. But the conundrum of this election is that it is both numbingly overfamiliar for many voters and also profoundly important for America and the world. The differences between a Biden and a Trump presidency for America’s domestic and foreign policy are huge. Too often, these differences are ignored in horse-race coverage—and, sometimes, they even go underemphasized by the campaigns and their own advocates. If you turn on a news segment or read a long article, you’ll probably hear about the dangers that Trump poses to democracy, or the rule of law, or the administrative state. All worthy concerns. But what is at stake for our most basic bread-and-butter issues: abortion, inflation, economic growth, government spending, entitlements, immigration, and foreign policy? Josh and Derek talk about the roots of voter ambivalence, what Trump's second administration could look like, and the biggest differences between a Biden and Trump White House. If you have questions, observations, or ideas for future episodes, email us at [email protected].  Host: Derek Thompson Guest: Josh Barro Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices