President Biden wants to persuade Americans that the economy is better than they think — and that he deserves credit for turning it around.
He’s calling his strategy “Bidenomics,” and it’s already become a central theme of his coming re-election campaign.
“Bidenomics is working,” he said in a June 28 speech in Chicago.
That sales pitch will be an uphill struggle. Most Americans aren’t just skeptical that the economy is recovering, they’re downright pessimistic. A Gallup Poll last month reported that 66% think the economy is getting worse, not better. In an AP/NORC survey in May, 64% disapproved of the way Biden has handled the economy, including a daunting 39% of Democrats.
But even though most voters consider it a strike against him, it’s smart politics for Biden to claim ownership of the economy.