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@politics on kbin.social is a magazine to share and discuss current events news, opinion/analysis, videos, or other informative content related to politicians, politics, or policy-making at all levels of governance (federal, state, local), both domestic and international. Members of all political perspectives are welcome here, though we run a tight ship. Community guidelines and submission rules were co-created between the Mod Team and early members of @politics. Please read all community guidelines and submission rules carefully before engaging our magazine.

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"Bidenomics" - Biden's vision for economic growth 'from the middle out and bottom up' aims to move beyond 'trickle down' economics (www.nbcnews.com)

submitted 2 years ago* (last edited 2 years ago) by kuontom@kbin.social to c/politics@kbin.social

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President Joe Biden will tout his economic agenda in remarks Wednesday as he campaigns for a second term amid low polling numbers on his job performance and the direction of the country.

The president’s plan, which the White House dubbed “Bidenomics,” aims to “move beyond” the “trickle down” economic theory that it says disproportionately benefits the wealthy and big corporations through tax cuts while reducing investment in priorities such as infrastructure and education, and failing to protect market competition.

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[–] Burp@kbin.social 30 points 2 years ago* (last edited 2 years ago) (18 children)

I never wanted Joe Biden to win, but he has completely won me over. He has been an absolute class act. Americans are very fortunate to have a president who has experience with the Cold War right now. I can’t think of any major criticism, besides his age.
The economic policy has been effective, unemployment is low, inflation is under control, working class wages have risen, foreign relations are stronger, the deficit spending has been dropping, and the country feels much less hostile then it did 2-4 years ago.
I seriously was upset he won, but he’s impressed me.

[–] danbob@kbin.social 8 points 2 years ago (1 children)

I'm the same. I really wasn't wanting him to be the Dem nominee, but he's done so much to win me over. For a bit, I was quite unhappy with him over his resolution of the railroad worker strike since I'm pro-worker, pro-union-action. But that strike was over sick days and now I'm seeing railroads set up their employees with sick days. I don't know what Biden's involvement is in any of these resolutions, but it's given me a good feeling that he's really aware of the situations he's approaching.

[–] Heresy_generator@kbin.social 6 points 2 years ago

According to the IBEW, Biden's involvement was significant.

http://www.ibew.org/media-center/Articles/23Daily/2306/230620_IBEWandPaid

“We’re thankful that the Biden administration played the long game on sick days and stuck with us for months after Congress imposed our updated national agreement,” [IBEW Railroad Department Director] Russo said. “Without making a big show of it, Joe Biden and members of his administration in the Transportation and Labor departments have been working continuously to get guaranteed paid sick days for all railroad workers.

“We know that many of our members weren’t happy with our original agreement,” Russo said, “but through it all, we had faith that our friends in the White House and Congress would keep up the pressure on our railroad employers to get us the sick day benefits we deserve. Until we negotiated these new individual agreements with these carriers, an IBEW member who called out sick was not compensated.”

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