Democrats are worried about the White House’s push around “Bidenomics,” raising concerns that the branding of President Joe Biden’s economic policies is not selling the American people, according to a Politico report.
Over the last several months, White House press secretary Karine Jean-Pierre has continued to tout Bidenomics as a success, citing low unemployment rates and lower inflation. But Democrats are worried that the branding of Bidenomics and the president’s push to take credit for his alleged success may be upsetting Americans who are continuing to struggle economically, according to a Politico report. (RELATED: White House, Media Elites Think Americans Are Too Stupid To See How Good Biden’s Economy Is)
While the White House has declared Bidenomics a rousing success, 61% of Americans are living paycheck-to-paycheck. Polls show 75% of U.S. adults think the economy is in a “fair” or “poor” state.
Democrats told Politico that the White House’s push on Bidenomics is failing politically.
“With all due respect to the president, to the White House, this is not so much about them as it is the people who are benefiting by the policies that they came out and demanded,” Democratic Nevada Rep. Steven Horsford told the outlet. “We have to do a better job framing this not so much for one person — for the office of the presidency — but for the people.”
The chairman of the Congressional Black Caucus added that the White House’s messaging surrounding Bidenomics is “built on shaky ground.”
“I’ve never understood why you would brand an economy in your name when the economy hasn’t fully recovered yet,” Michael LaRosa, a former spokesperson for first lady Jill Biden, told Politico. “People need to be able to see and feel an economy in their own personal bank accounts. And it doesn’t change no matter how loud you scream the economy is better.”
A stack of documents outlining U.S. President Joe Biden’s “Bidenomics” economic plan is seen on a table during a meeting of the Competition Council in the State Dinning Room at the White House on July 19, 2023 in Washington, DC. (Photo by Kevin Dietsch/Getty Images)
White House aides are continuing to dismiss concerns that Bidenomics is failing to sell, claiming that the worries are too early into the 2024 presidential race, Politico reported. Some officials told the outlet that Americans are just beginning to feel the positive effects of Bidenomics.
Additionally, White House officials believe that increasing the contrast between Biden’s economic policies and former President Donald Trump’s economic approach will help change American’s mind about Bidenomics, according to Politico.
Biden signed the American Rescue Plan in March 2021, which allocated $1.9 trillion to economic relief as the country came out of the COVID-19 pandemic. Under the American Rescue Plan, Americans received stimulus checks, local and state governments had debt bailouts and funds were used for vaccine rollouts.
The president signed the Inflation Reduction Act in August 2022, which has been a focal point of Bidenomics. The Inflation Reduction Act distributed about $750 billion in new spending with $370 billion going to green initiatives aimed at combating climate change.