White House Takes a Bet on ‘Bidenomics’ Amid Americans’ Pessimism on Economy
Ahead of President Joe Biden’s 2024 reelection campaign, the White House is promoting the term “Bidenomics” to make the case that his policies to “grow the economy from the bottom up and the middle out” have succeeded in taming inflation and lowering unemployment. “The share of working-age Americans in the workforce is higher now than it has been for 15 years,” Lael Brainard, director of the White House National Economic Council, said Tuesday during a news briefing. “While we have more work to do, inflation has been coming down for 11 months in a row.” She touted 13 million jobsmore
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