How “Bidenomics” breaks from the economic theory that failed America’s middle class for decades
In Chicago at the end of June, President Joe Biden gave a historic speech at the Old Post Office Building downtown. In it, he was crystal clear that he has launched a new economic vision for the United States to stand against that of today’s Republicans. As he has said since he took office, he intends to build the economy “from the middle out and the bottom up instead of just the top down.” His vision, he said, “is a fundamental break from the economic theory that has failed America’s middle class for decades now.” That theory is “trickle-down...
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