Biden promotes ‘Bidenomics’ in Philly despite weak economic polling.
President Joe Biden Continues “Bidenomics” Reelection Push in Philadelphia
President Joe Biden traveled to Philadelphia, Pennsylvania, on Thursday for his 18th trip to the city and 30th trip to the state. This visit comes at a time when consumer sentiment is soaring and inflation is slowing. However, despite these positive indicators, polling on Biden’s economic stewardship remains low, with only 38.3% approval, according to RealClearPolitics.
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During his speech at the Philly Shipyard, President Biden acknowledged the heat wave affecting Bucks County and the rest of the nation. He used this opportunity to address the issue of global warming, stating that the historically high temperatures disprove any denial of its existence.
The majority of Biden’s remarks focused on his Bidenomics agenda. He highlighted the declining inflation rate, low unemployment, and his commitment to bringing back manufacturing and union jobs while promoting green energy.
“I got tired of trickle-down economics,” declared the president. “Our plan is working, Bidenomics.”
In addition to his speech, President Biden participated in a “steel-cutting” ceremony for the Arcadia, a vessel designed to support offshore wind farms. He emphasized that all components of the Arcadia, including the rocks placed at the underwater bases of wind turbines, will be manufactured in the United States.
“I’m not here to declare victory. We still have a long way to go on the economy. But I want to emphasize that we have a plan that’s making a quick turnaround,” he concluded. “Bidenomics is about restoring the American Dream. For too long, this dream has been limited to the privileged few, but I believe that every hardworking American should have the opportunity to find a job, regardless of their location, and provide for their families.”
Biden officials, both at the White House and his 2024 reelection campaign, remain confident that the president’s economic polling does not fully reflect the support for his platform.
Some White House officials believe that negative polling results may be influenced by Republican respondents who tend to criticize the economy unless a Republican is in office.
Earlier on Thursday, White House principal deputy press secretary Olivia Dalton defended Biden’s policies, stating that they have received favorable views from the American people. She specifically mentioned the bipartisan infrastructure law, the Inflation Reduction Act, and the Chips and Science Act as important accomplishments with broad support.
You can watch President Biden’s full remarks below.
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