'Bidenomics' pitches an economic rebuilding of the middle class

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President Biden's policy hinges on billions of dollars in investment in energy, transportation and infrastructure.

President Joe Biden leaned into rebranding on his administration's handling of economic recovery: Bidenomics.

President Biden says his economic policy focuses on growing the middle class by investing in America, educating workers and promoting competition. President Biden doubled down on a break from"trickle-down economics" and a shift toward a plan to"build an economy from the middle out, the bottom up," contrasting his policies with that of Republicans and the last administration.

"It takes time for them to see it. And I’m not here to declare victory on the economy. I’m here to say we have a plan that's turning things around incredibly quickly," President Biden said. "I think one of the problems is that some of the questions that get asked, they just invoke the partisanship and the kind of tribalism that's so, unfortunately, endemic to our politics today," said Jared Bernstein, chair of the White House Council of Economic Advisors."But if you get around that by saying, 'What do you think of the things that Biden is actually doing on the ground?' As I said, you got poll numbers that are north of 70%.

 

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