Bidenomics Costs Americans More To Drive, Work, Heat/Cool Homes
Bidenomics: Three Key Principles
The Biden administration has focused on three key principles of Bidenomics:
- Investing in infrastructure and clean energy
- Providing tax cuts and other benefits to working families
- Reducing the deficit
Bidenomics: Focus on Investment
The result is that the most prominent part of existing Bidenomics has been the investment element comprising three pieces of legislation:
- The American Rescue Plan Act of 2021
- The Infrastructure Investment and Jobs Act
- The Build Back Better Act
Bidenomics: Rooted in Bottom-Up Growth
Bidenomics refers to the economic agenda of President Joe Biden. Bidenomics is largely in opposition to Reaganomics, the policies of former President Ronald Reagan. Biden's plan, Bidenomics, is rooted in the recognition that the best way to grow the economy is from the middle out and the bottom up.
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