President Biden Touts ‘Bidenomics’

President Biden Touts ‘Bidenomics’
President Joe Biden unveils his economic plan during an event in Chicago on June 28, 2023. Scott Olson/Getty Images
Milton Ezrati
Updated:
Commentary

President Joe Biden’s speech earlier this month told Americans that they have a mistaken view of the economy. Although the average of polls shows that only some 38.3 percent of American voters have confidence in the president’s handling of the economy, the president thinks he’s doing a great job, and his speech aimed to assure America of that fact. Not only did he insist that things are looking up, but he also assured all that things will get much better once his policies have a chance to take effect. The talk was clearly aimed at the 2024 election. However, economic prospects leave little likelihood that the message will gain acceptance.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."
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