The White House’s “Bidenomics” tour had President Biden traveling the country, citing improvements to the economy.
However, multiple reports have shown that Americans belive that the Biden administration has not helped the economy at all.
Democrats are beginning to ask the White House to change their tune.
“I’ve never understood why you would brand an economy in your name when the economy hasn’t fully recovered yet,” Michael LaRosa, a former spokesperson for first lady Jill Biden, told Politico on Friday. “People need to be able to see and feel an economy in their own personal bank accounts. And it doesn’t change no matter how loud you scream the economy is better.”
“With all due respect to the president, to the White House, this is not so much about them as it is the people who are benefiting by the policies that they came out and demanded,” Rep. Steven Horsford, D-Nev., the chair of the Congressional Black Caucus said. “We have to do a better job framing this not so much for one person — for the office of the presidency — but for the people.”
Democrats are right to be concerned. Just 37% of Americans believe their personal finances are “excellent/good.”
“What’s Bidenomics? It’s about investing in — and I feel like I’m going to — I’m going to try not to repeat some of what my colleagues have already said, but it’s about investing in America — investing in America and investing in Americans — American people. It’s about growing the economy from the middle out and bottom up instead of the top down,” Biden said during a September speech.
CBS: After mortgage payments, taxes, and insurance, Americans “will end up paying ~35% of your annual income to afford a house — that’s way, way higher than what normal standards would consider affordable.”
That’s Bidenomics! pic.twitter.com/T2XVQgPuJr
— RNC Research (@RNCResearch) October 3, 2023