The Inflation Reduction Act
The White House frames Bidenomics as a break from what it calls “trickle-down economics.” Instead of focusing on tax cuts for corporations and high earners, the administration argues that investing in infrastructure, domestic manufacturing, clean energy, and middle-class households will create more durable and equitable growth.
The strategy has three main pillars:
Public investment in infrastructure and industry
Strengthening supply chains and domestic manufacturing
Empowering workers and rebuilding the middle class
The administration points to historically low unemployment rates, significant job creation, and new manufacturing construction as evidence of success.
