As Pres. Biden leans into the political branding 'Bidenomics,' many voters remain unconvinced he has done a good job handling the economy, polls show.
July 6, 2023, 2:07 PMPresident Joe Biden speaks about a new manufacturing partnership between Enphase Energy and Flex, at Flex LTD in West Columbia, S.C., on July 6, 2023.President Joe Biden is leaning into the political branding "Bidenomics" as hisHe and top advisers renewed their push to keep improving economic news and his overall sprawling vision in the public eye with a stop Thursday in the swing state of South Carolina as part of an "Investing in America" tour.
President Joe Biden speaks about a new manufacturing partnership between Enphase Energy and Flex, at Flex LTD in West Columbia, S.C., on July 6, 2023.Inflation has dropped for 11 straight months, from its peak of 9.1% in June of last year to 4.0% in May. Unemployment stands at 3.7%, which is a near 50-year low, and 13 million jobs have been added since Biden took office.of the U.S. economy, and said while a recession is still possible it's not the most likely case.
"For the first time in a long time, there's enthusiasm about building high-tech factories in the United States," said Brad Setser, a former trade and Treasury official in the Biden and Obama administrations.from ABC News and the Washington Post found Americans 54-36% said former President Donald Trump did a better job handling the economy when he was in office than Biden's done so far.
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Biden is trying to sell 'Bidenomics,' but Americans can't afford the president's agendaPolls indicate troubles ahead for President Biden's big-spending, high-tax agenda that will further drag the nation into debt and fuel inflation.
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Bidenomics: How the stock market has fared under Biden's presidencyThe White House has been pushing the “Bidenomics” slogan as the 2024 elections approach, and since President Joe Biden entered office, stocks have generally trended upward.
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Biden, top officials launch ‘Bidenomics’ tour as polls show opposition to WH planPresident Biden and his top officials will travel this week to tout 'Bidenomics' as polls continue to show strong disapproval of the administration’s economic policies.
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WATCH LIVE: Biden touts 'Bidenomics' as poll shows opposition to White House plan | Fox Business VideoThe 'Bidenomics' tour over the next two days comes as Republicans have tied the term to the economic woes amid a competitive GOP presidential primary.
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WATCH LIVE: Biden delivers speech on 'Bidenomics' increasing manufacturing investmentsPresident Joe Biden will deliver a speech on 'Bidenomics' on Thursday afternoon, touting an increase in manufacturing investments as he campaigns for reelection in 2024.
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