WASHINGTON: President Joe Biden is making a big bet on the US economy powering him to re-election next year with the unveiling of a 'Bidenomics' pitch to voters this week. After inheriting an economy ravaged by the COVID-19 pandemic, then beset by lingering inflation and supply chain woes, Biden has had a
WASHINGTON: President Joe Biden is making a big bet on the US economy powering him to re-election next year with the unveiling of a"Bidenomics" pitch to voters this week.
With a rebranding launch this week, anchored around a speech by Biden in Chicago on Wednesday, the White House thinks it can turn the tables.It's"the word of the day, word of the week, word of the month, word of the year here at the White House," she said. It's not just an economic argument but, if it works, it's a potential political roadmap to victory in an election where Democrats and Republicans will be fighting over a handful of swing state voters.
Brainard said the Reagan-era trickle-down theory led to the hollowing out of US industrial cities with offshoring and abandonment of ambitious infrastructure upgrades.
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