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Source: Al Jazeera English

With eye towards 2024, Biden touts Bidenomics economic strategy

Jun 28, 2023 · 2m 5s

https://www.youtube.com/watch?v=6ZnzbHA23fY

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President Joe Biden is selling a rebranded economic program the White House is calling phynomics I didn't come up with the name I really did bidenomics is about building an economy from the middle out and the bottom up not the top town in what the White House calls a major economic address is the presidential campaign heats up the president made Chicago his first stop on a tour

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to promote his economic program the tour aides say is an attempt to promote his trillion dollar infrastructure law passed in 2021 that added more money for roads Bridges and schools this week the White House also announced a plan to expand internet access for Rural communities on the president's bidenomics tour he's touting near historic low unemployment slowing inflation and the massive bipartisan infrastructure building pushed through Congress

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but the term bidenomics could go from positive to pejorative if the economy heads South the presidential election is more than a year away but some analysts say rebranding Biden's economic program or the phrase that borrows from President Ronald Reagan's popular Reaganomics in the 1980s might be too little too late to help him here we are two years into this Administration and we get this nebulous term

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and I think many people are going to it's not going to move the needle any way shape or form but again because of this administration's track record it's highly unlikely that we're going to see them actually identify it polls show the majority of Americans are unhappy with Biden's handling of the economy coupled with a tightening race between Biden and his likely Republican rival in 2024 former

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president Donald Trump Dynamics is about the future saying restore the American dream whether bidenomics can give the current president an edge will be tested in the administration's new campaign to promote it may God protect our troops John hendren Al Jazeera Chicago

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