Millions of dollars are going to support the president’s policies on infrastructure and services – and some of it could be yours
This past week Joe Biden gave a speech in which he touted his economic policies and, rather than deflecting, he leaned into what many of his opponents called “Bidenomics”.
Bidenomics is the opposite of “trickle-down” theory, which holds that tax cuts to wealthy individuals and corporations ultimately find their way to the rest of the population through more spending and investment. For the president and his supporters, Bidenomics means government spending and investment in infrastructure and services that create jobs and growth.
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