CHICAGO — President Joe Biden sought to revitalize support for his reelection among middle-class voters before a Chicago audience Wednesday, branding his efforts at economic growth, job creation and inflation fighting as “Bidenomics” to counter lagging job approval ratings.
Speaking from a lobby at the Old Post Office to launch an outreach tour and unveil an early campaign theme, Biden touted economic growth he says is driven from the bottom up through government investment in contrast to tax cuts for the wealthy and the trickle-down philosophy of “Reaganomics” launched by Republican Ronald Reagan in the 1980s.
“Today, the U.S. has had the highest economic growth among the world’s leading economies since the pandemic. We’ve added over 13 million jobs, more jobs in two years than any president has added in a four-year term. And folks, that’s no accident. That’s Bidenomics in action,” Biden said in a 37-minute speech, noting 800,000 of those jobs were in the manufacturing sector.
