Economists and Americans Divided on Effects of Bidenomics
- President Biden touts economic successes like job growth and low unemployment, but many Americans face falling wages and rising costs of living.
- Wall Street banks predict continued expansion, while critics argue Bidenomics has slowed growth and opportunity.
- Polls show most Americans disapprove of Biden's handling of the economy despite statistics indicating a rebound from the pandemic.
- The Biden administration aims to strengthen the middle class, but incomes have declined since policies were implemented.
- While the economy has recovered some losses, there is disagreement over how much is directly due to Biden's policies versus the natural rebound from COVID-19.