President Biden holds a “Bidenomics” rally in Chicago. Photo via Picryl. Licensed for publication under Public Domain. After President Joe Biden embraced the term “Bidenomics,” he and his White House staff couldn’t get enough of it. But either Biden’s forgotten all about it, or the administration realized that it was doing no good to brag about something the public didn’t believe. Either way, the term is vanishing from use.
It was in a speech in Chicago on June 28, 2023, that Biden decided to bear-hug the term.
“I didn’t come up with the name. I really didn’t,” he said. “I didn’t realize the economists in the Wall Street Journal did. But I’m happy to call it ‘Bidenomics.’ And guess what? Bidenomics is working.”
Biden thought he was catching a wave. The economy seemed to be turning a corner, the rate of inflation was decelerating, job growth was strong. Surely the public would […]
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