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‘Kind of clunky’: Bidenomics proves tough sell as inflation bites

Months of soaring prices have damped case for sweeping domestic spending agenda

Joe Biden put a brave face on his economic record last week as he stood before a recently rebuilt bridge in Pittsburgh, Pennsylvania, and pleaded for voters to stick with his party in next month’s midterm elections.

“For a lot of families, it’s still kind of tough,” the US president acknowledged. “But there are bright spots where America is reasserting itself, like here.”

Based on most measures of the labour market, Biden should not have any trouble making the case for his economic agenda, which has involved sweeping increases in public spending along with higher tax burdens and stricter enforcement for the wealthy and large companies.

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