President Joe Biden pitched his economic plan in a major address in Chicago, trying to persuade Americans that his strategy is producing results by creating record-breaking jobs and investments despite widespread discontent over his handling of the economy.
Biden is attempting to define his economic strategy, termed “Bidenomics,” as a substantial departure from the “trickle-down” economic model that he claims his predecessor, President Donald Trump, has followed.
Biden has repeatedly said that his vision is to rebuild the economy from the bottom up and the middle out—not the top down—with a focus on the middle class.
“This vision is a fundamental break from the economic theories that failed America’s middle class for decades,” Biden said during his speech….