US President Biden is relying on Bidenomics in his election campaign - an economic change that is intended to strengthen the middle class.

US President Biden is relying on Bidenomics in his election campaign - an economic change that is intended to strengthen the middle class.

According to a report from www.capital.de, US President Joe Biden is optimistic about his economic policy in the upcoming election campaign and is already talking about “Bidenomics”. After Americans' long disapproval of Biden's economic policies, the situation has improved with the creation of 13 million new jobs and falling inflation. This positive change is considered the largest economic change since the 1980s. Biden is relying on a comprehensive location policy that, among other things, is intended to strengthen the tax liability of large companies and the training of American workers.

The Biden administration’s location policy, known as “Bidenomics,” includes three core principles. Public investments are to be made in the USA to promote the areas of infrastructure, energy transition and semiconductors. There is also a focus on empowering and training American workers, especially with regard to the jobs of the future and menial jobs. In addition, measures are being introduced to promote competition between companies. These policies have supported the creation of new jobs and the decline in inflation, but Americans' critical attitudes towards the economic problems during Biden's term remain present.

Republican opposition criticizes Biden's economic record, particularly when it comes to inflation. Nevertheless, Biden continues to pursue his economic goals and is optimistic that his approach of growing the economy from the center outwards and from the bottom up will be accepted by the population.

However, it remains to be seen whether the “Bidenomics” measures will actually achieve the hoped-for results and how Americans will react to these policies in the long term.