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President Biden has defined “Bidenomics” as encompassing almost everything good in the U.S. economy — falling unemployment, robust wage growth, new small business creation. And he’s planning to make the concept central to his bid for a second term.
“Bidenomics is just another way of saying, ‘Restore the American Dream,’” the president said in a recent address.
Republicans have defined the term in the almost the exact opposite way. Former president Donald Trump has called Bidenomics “total economic surrender to China and other foreign countries.” House Speaker Kevin McCarthy (R-Calif.) calls it “blind faith in government spending and regulations.”
Biden’s imprint on economy emerges, although inflation threatens wins
Beyond the partisan talking points, how has “Bidenomics” changed the U.S. economy?
Since taking office, the president…
