Republicans used to reference “Bidenomics” derisively, when there was still some question as to whether a robust economic recovery would take hold. As stevebenen writes, now it's the White House that's embraced “Bidenomics” with unsubtle pride.
, “A reminder that our economy was on the rise when Joe Biden took office. The economic crisis we’re facing is due to his intentional failed policies.”
What really stood out for me, though, was Blackburn’s assertion that the United States is currently in the midst of an “economic crisis.” It’s likely that much of the public agrees: USA Todayon a national poll last year that included a sentence that still stands out in my mind: “Despite economic growth and low unemployment, a 51% majority of those surveyed say the economy is in a recession or a depression.
This was not, strictly speaking, a I’ve-done-great-stuff presidential address. Rather, Biden set out to make the case against trickle-down economics — “It failed America,”, “it blew up the deficit, it increased inequity, and it weakened our infrastructure” — and make the case for an alternative vision that’s proven far more effective.
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