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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] 0 points 1 year ago (1 children)

I don't think I'd be able to have a productive discussion with you about this subject.

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

Can you share what you think biden has done that's good, and why those things are good? If you think I'm being unfair, then perhaps explain why you like Biden?

I'm not an unreasonable person, I'm just not seeing any reason to like biden whatsoever, regardless of the scope of the position he has.

[–] [email protected] 0 points 1 year ago (1 children)

I'm honestly a bit exhausted by the topic, and that's the main reason I mentioned kinda stepping back from it. But, you want to know where I'm coming from, and I respect that, so I'll give you a bit.

I'm very pleased with many of the things he has managed to do even while limited by a very partisan congress and supreme court. He's gotten infrastructure funding, the "build back better" plan that got whittled down to the inflation reduction act, and pushing the envelope for student debt forgiveness. That last thing is a great example as to why he can't do the things you're referring to, because when he tries to do things using presidential power, there are thousands of vultures ready to swoop in and sue it out of existence.

The man's not perfect, he's not even great, but damn the bar has been so low for so long it's refreshing to see someone who actually has shared goals with me in office. That's really where I'm coming from. I also feel a lot safer as a trans person in this country with him at the helm than I would with any republican and a lot of other democrats!

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

I see. I have to say that student loan forgiveness hasn't happened, I'm still in debt. Infrastructure hasn't seemed to change at all really. And biden has been disastrous for trans rights, which are the worst they've ever been (and he hasn't done a simple thing that'd improve the healthcare for many trans people: legalizing cyproterone acetate or even just vocally mentioning this issue).

We'll agree to disagree I guess. None of the things you listed really makes me interested in seeing another biden term.