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@politics on kbin.social is a magazine to share and discuss current events news, opinion/analysis, videos, or other informative content related to politicians, politics, or policy-making at all levels of governance (federal, state, local), both domestic and international. Members of all political perspectives are welcome here, though we run a tight ship. Community guidelines and submission rules were co-created between the Mod Team and early members of @politics. Please read all community guidelines and submission rules carefully before engaging our magazine.

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"Bidenomics" - Biden's vision for economic growth 'from the middle out and bottom up' aims to move beyond 'trickle down' economics (www.nbcnews.com)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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President Joe Biden will tout his economic agenda in remarks Wednesday as he campaigns for a second term amid low polling numbers on his job performance and the direction of the country.

The president’s plan, which the White House dubbed “Bidenomics,” aims to “move beyond” the “trickle down” economic theory that it says disproportionately benefits the wealthy and big corporations through tax cuts while reducing investment in priorities such as infrastructure and education, and failing to protect market competition.

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[–] [email protected] 52 points 1 year ago (19 children)

Tying his name to it seems like a bad idea. People opposed Obamacare because of the name; half the country gets off on hating Democrats mostly because of the color of the ticket. Calling it Bidenomics will only make it easier for the talking heads to shit on it.

[–] [email protected] 2 points 1 year ago

Republicans are actually responsible for calling the Affordable Care Act "Obamacare" so that they could blame healthcare issues on him. Obama ended up actually liking that name despite the Republican attempt to use it negatively.

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