In a Tale of Two Breakfasts, Bidenomics Draws Praise and Reproach From State Lawmakers

Democratic state lawmakers celebrated the one-year anniversary of the adoption of the Inflation Reduction Act as a job-generating commitment to infrastructure development while their Republican colleagues said Congressional spending and mounting national debt negate any of the measure’s projected benefits.

Construction workers install new sidewalks in downtown Palm Springs, California, in July 2023, one of about 35,000 infrastructure projects either under way or set to break ground as $700 billion in federal money begins to matriculate through states, counties, and cities nationwide. Jay Calderon/USA Today Network via REUTERS

INDIANAPOLIS, Indiana — Since President Joe Biden assumed office in January 2021, unemployment has declined to a 50-year low at a steady 3.5 percent, more than 13 million new jobs have been created, $150 billion has been invested in the nation’s semiconductor manufacturing base, and inflation has declined for 11 straight months.

And things are just going to get better with 35,000 new infrastructure projects “coming to life across the country” following the adoptions of the Inflation Reduction Act (IRA) and Infrastructure Investment & Jobs Act (IIJA), also referred to as the Bipartisan Infrastructure Law.