For years the Biden White House has touted trillions of dollars in excess government spending, reallocated student loan debt the working class and lied about inflation being "transitory." President Biden and his staff touted "Bidenomics" as a roaring success and plastered it all over press releases and events. The official White House website boasts about Bidenomics dozens of times.
"While our work isn’t finished, Bidenomics is already delivering for the American people," WhiteHouse.gov declares.
One of Bidenomics' best advocates has been Vice President Kamala Harris, who is now the presumptive Democratic nominee for president after pushing Biden out with Nancy Pelosi and Barack Obama.
KAMALA HARRIS: "That is called Bidenomics! Ha ha ha! That is called Bidenomics and we are very proud of Bidenomics!" pic.twitter.com/JwXWeePr1m
— RNC Research (@RNCResearch) August 4, 2023
On the campaign trail, Harris' newly minted campaign staff is trying to claim credit for Biden's policies while also defining her as a separate leader with her own successes and priorities. They're trying to have things both ways.
When you search "Bidenomics" on the White House website you'll find dozens of posts touting the "Biden-Harris administration." It was very deliberate branding. A good thing to keep in mind as the Harris campaign team tries to distance from Biden's failed policies.
— Katie Pavlich (@KatiePavlich) August 5, 2024
Just three months from the November presidential election, the economy is cratering. Harris hasn't given direct comments to the press about the issue for months.
U.S. stocks fell sharply on Monday as part of a global market sell-off centered around U.S. recession fears. The Dow Jones Industrial Average dropped 926 points, or 2.3%. The Nasdaq Composite lost 3.9%, and the S&P 500 slid 3%. https://t.co/p2qOD6bxoK pic.twitter.com/1eoWOIGZFf
— CNBC (@CNBC) August 5, 2024