Biden Says 'Bidenomics' Is Working

The transcript discusses the concept of Bidenomics, highlighting the economic challenges faced during the pandemic, such as unemployment and business closures. It then outlines the economic recovery and growth in the US, emphasizing the creation of 13.4 million new jobs. The strategy of Bidenomics focuses on building the economy from the middle out and bottom up, rather than top down.

What were some of the major economic challenges faced during the pandemic?

• Surplus in small business growth

• High inflation rates

• Broken supply chains and high unemployment

• Increased foreign investments

What was the state of small businesses during the pandemic?

• They were unaffected by the pandemic

• They were thriving and expanding

• Many were on the verge of closing

• They received unprecedented levels of investment

How did the US economy perform in terms of job creation post-pandemic?

• It created fewer jobs than any previous administration

• It created 13.4 million new jobs, more than any president in four years

• Job creation was stagnant

• It lost more jobs than it created

Which country led the world in economic growth post-pandemic?

• United States

• Germany

• India

• China

What is a key characteristic of Bidenomics?

• Focusing on top-down economic growth

• Building the economy from the middle out and bottom up

• Prioritizing international trade over domestic growth

• Reducing government intervention in the economy