The Daily Chart: Biden Repudiating ‘Bidenomics’?

You may recall that back around 1984, when the economy was booming, President Reagan took a victory lap with the comment that “I notice they don’t call it ‘Reaganomics’ any more.” Worth recalling that “Reaganomics” was a term liberals and the media came up with to attack Reagan during the deep recession of 1982.

So it is ironic that Joe Biden decided to try to peddle “Bidenomics,” which has been a strange thing—the top line economic growth numbers look pretty good, but a large majority of Americans are not happy, partly because of inflation, and partly because the gains from growth are not reaching a broad cross-section of American workers, unlike the Reagan years.

And so guess who is now quietly repudiating “Bidenomics”?

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