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"Bidenomics" - Biden's vision for economic growth 'from the middle out and bottom up' aims to move beyond 'trickle down' economics (www.nbcnews.com)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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President Joe Biden will tout his economic agenda in remarks Wednesday as he campaigns for a second term amid low polling numbers on his job performance and the direction of the country.

The president’s plan, which the White House dubbed “Bidenomics,” aims to “move beyond” the “trickle down” economic theory that it says disproportionately benefits the wealthy and big corporations through tax cuts while reducing investment in priorities such as infrastructure and education, and failing to protect market competition.

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[–] [email protected] 41 points 1 year ago (1 children)

Is he/the White House doing it or is the press calling it that?
Obama consistently called it the affordable care act.

[–] [email protected] 10 points 1 year ago* (last edited 1 year ago) (1 children)

I don't know if he started it, but he was quoted as saying "Bidenomics is working", so he, at worst, is endorsing the name openly.

And yeah, but that sorta proves the point. Tying a Dems name to something is all it takes to mob it down; ignoring that it was incredibly similar to "Romneycare"

[–] [email protected] 2 points 1 year ago

To the contrary, if you embrace the name your opposition is going to try saddling it with anyway, you can focus on fighting for the substance of it, rather than what it's called.

Theoretically, at least.