Last June, in what the White House envisioned would be a turning-point speech in Chicago, President Joe Biden introduced a new slogan aimed at selling an economic revival. The mantra was “Bidenomics.” And on this day, the word was plastered everywhere: flanking Biden on massive blue signs as he talked up an improving economy, across […]
Tag: Bidenomics
Say goodbye to “Bidenomics”
House Democrats are not fans of “Bidenomics,” the term used to describe President Joe Biden’s economic policy, despite a major push by the White House this year. Both behind the scenes and in public, congressional Democrats are looking to drop the term in favor of a different way of pitching the president’s economic agenda, according […]
America isn’t buying “Bidenomics”
The American economy continues to stumble along, doing better than expected at the macro level, while hurting working Americans at the micro level. Inflation continues to loom large, despite October’s numbers beating Wall Street’s expectations; interest rates are at near record high levels, the housing market is a trainwreck, and credit card debt is at […]
Bidenomics is going ‘belly-up’ fast
President Joe Biden’s dogged focus on “Bidenomics” is starting to cost him. For months, Biden has built up his economic platform as the central tenet of his reelection pitch, even in the face of worsening polling and as some national Democrats have urged the president to reframe his campaign message. The president’s team has argued […]
Bidenomics not resonating with America
President Biden’s claim to have built an economy “from the middle out and the top up” isn’t resonating with American voters, with more than twice as many saying they feel worse off than better off before the coronavirus pandemic, according to a new survey. The CBS News/YouGov poll found just 20 percent of voters think […]
‘Maganomics’ or ‘Bidenomics’ that is the ?
The White House is warning against so-called MAGAnomics, referring to former President Trump’s economic agenda, to tout President Biden’s economic agenda. The president is traveling to Maryland today to give a speech on the so-called Bidenomics, and the White House shared in a memo ahead of that to argue that the president and former president’s […]
This summer break Dems are selling Bidenomics
Congressional Democrats are looking to use this summer’s five-week recess to cultivate support for President Joe Biden ahead of next year’s election by pitching “Bidenomics” to constituents across the country. But the party faces an uphill battle in promoting this message to a public that is still anxious over the state of America’s post-COVID economy […]
For the 1st time,US credit card debt tops 1 trillion
They can’t keep it straight. While President Biden claims ‘Bidenomics is working,’ his Vice President Kamala Harris bemoans the fact that ‘[m]ost Americans are a $400 unexpected expense away from bankruptcy.’ So, which is it? Here’s a clue. New numbers out Thursday morning showed inflation ticked up to 3.2 percent in July, from 3 percent […]
Is Bidenomics for real? Or are we being fooled?
President Joe Biden is frustrated. Unemployment has fallen to a healthy 3.6%, the economy is growing at a decent 2.4% rate, and inflation has fallen to 3%. And yet despite all this good economic news, the vast majority of voters rate the economy as poor and blame Biden for its sorry state. What gives? One […]
Fact checking Biden’s lies praising ‘Bidenomics’
President Joe Biden promised a “fundamental break” with “trickle-down economics” in a speech on Wednesday in which he relied on a number of misleading claims to make his point. Touting “Bidenomics,” the White House’s name for its economic agenda heading into the 2024 race, Biden floated a plan that would involve spending more taxpayer money […]
Will America buy White House’s ‘Bidenomics’?
President Joe Biden is eager to take full political ownership of the U.S. economy — a reflection of the White House belief that inflation is fading, job growth is solid and voters need to know about it. But polling has consistently shown the economy to be a weak spot for Biden’s reelection hopes. Just 33% […]