President Biden had a tough sell Wednesday, trying to convince voters that the U.S. economy is flourishing.
President Biden made his pitch Wednesday to a skeptical public that the is thriving under what he now touts as “Bidenomics” — even as a new poll showed that could be a hard sell as the foundation for his 2024 reelection campaign.
In a major economic speech in Chicago, Mr. Biden said his administration’s efforts were sparking recovery after Republican policies had crushed America’s middle class. But the poll said only one in three U.S. adults approve of his economic leadership.
That 34% figure is even lower than his overall approval rating of 41%, according to the survey from The Associated Press-NORC Center for Public Affairs Research.
Mr. Biden’s approval figures have barely moved for the past year and a half, a source of concern for a president pursuing a second term on his ability to govern and focus on workers. He wants voters to connect local roads and bridge projects, factory construction and the rise of electric vehicles and renewable energy to the millions of dollars in initiatives he signed into law during the first two years of his administration.
“Bidenomics is about the future,” he declared in his Wednesday speech to cheering supporters. “Bidenomics is just another way of saying: Restore the American dream.”
At the same time, he sought to paint previous Republican tax cuts as deeply flawed, saying they helped the rich but failed the middle class for decades as the promised “trickle down” benefits never seemed to come to the less wealthy.
“The trickle down approach failed the middle class,” he said. “It failed America.
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USA — Financial Biden touts economic record in Chicago speech, hoping to convince skeptical public