Biden Promotes 'Bidenomics' Despite Public Skepticism

• The White House is promoting President Biden's economic plan, "Bidenomics," which focuses on growing the economy from the middle out and bottom up through investments and empowering workers.
• Despite positive economic indicators, polls show that the majority of Americans disapprove of Biden's handling of the economy and express concerns over issues like inflation and rising costs of living.
• Biden is highlighting investments in infrastructure, manufacturing, and clean energy, as well as efforts to reduce prescription drug costs and close tax loopholes, though critics argue his policies have contributed to economic challenges.
• Republicans are attacking Biden's economic agenda, coining terms like "Bidenflation" and "Biden's Bankrupting America Tour" to criticize excessive spending and negative impacts.
• Biden's overall approval ratings remain low, creating uncertainty about his reelection prospects in 2024, though his campaign feels confident in its fundraising and aims to spend heavily to promote his economic message.

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