politics

The White House launches “Bidenomics” in the courtroom for voters about the economic system

President Joe Biden will announce a $40 billion plan to roll out high-speed Internet across the country on Monday, and the White House is drawing comparisons with Franklin Delano Roosevelt to power every American home.

The new plan, which Biden will unveil at the White House, comes as he pursues his second term in the White House. As part of his re-election marketing campaign, he is pushing “Bidenomics,” his economy for the people.

“Just as Franklin Delano Roosevelt brought electricity to every home in America with his Rural Electrification Act, this announcement is part of President Biden’s broader effort to provide funding, jobs and alternatives to working and middle-class households across the country,” Biden said. Advisors Anita Dunn and Mike Donilon wrote in a memo from the White House.

Compared to FDR, the nation’s most progressive president who ushered in a wave of government-sponsored welfare programs to lift the nation out of the Great Depression, polls showed only about half of Democrats who see Biden as a second-term candidate.

President Biden is generally praised for creating more jobs than any modern president, yet his tenure began as the economy recovered from the COVID pandemic that shut down much of the nation.

The Bidenomics marketing campaign additionally points to the White House’s takeover to pay attention to the president’s legislative accomplishments and address voters’ top concern — the economic system — as 2024 approaches.

More than half of Americans, 54 percent, disapprove of the best way Biden is handling the job, while just 35 percent approve of his handling of the economy, according to a Reuters/Ipsos poll earlier this month.

The numbers send a nasty signal to Biden and his fellow Democrats.

Monday’s announcement is part of Biden’s larger effort to implement his financial plan, dubbed “Bidenomics,” which is “rooted in the simple idea that we need to grow the economy from the center out and from the bottom up, not the top down,” Dunn said. mentioned. and Donilon wrote.

The president’s financial proposal includes plans to raise taxes on the very wealthy and companies to subsidize social, local weather and welfare programs.

Biden is trying to push his agenda as he heads to Chicago on Wednesday to deliver a major speech on financial issues. He has ramped up his fundraising and on the road since launching his re-election bid.

In his speech, he will continue his attack on “MAGA Republicans”. This time, he will “highlight how for too long the failed economic policies continued to be pushed by congressional Republicans have destroyed the middle class and sent jobs overseas,” the White House said.

Biden is generally praised for creating more jobs than any modern president, yet his tenure began as the economy recovered from the COVID pandemic that shut down much of the country and the labor market reopened after a 2-year shutdown.

The entire Biden administration will address his financial message by supporting officers across the country.

“In the coming weeks and months, the President, members of his Cabinet, and senior government officials will continue to work across the country to advance Bidenomics and the President’s Investing in America agenda directly with the American people,” Dunn and Donilon. wrote

President Biden will travel to Chicago on Wednesday to deliver a major financial speech

Comparisons between Biden and Franklin Delano Roosevelt (above), the nation’s most progressive president who launched a wave of government-sponsored welfare programs to lift the nation out of the Great Depression, show that only about half of Democrats think Biden should. operate for a second period of time

Meanwhile, the White House says Biden’s web plan is a modern-day equivalent of the Rural Electrification Act of 1936, when federal authorities put a foothold in the facility that lit up the nation.

White House Chief of Staff Jeff Zient mentioned that access to high-speed web is as essential to regular life as electrical power.

“We all know how difficult life is when the power goes out after a storm or for other reasons,” Zients told reporters throughout Friday. “Especially in thousands and thousands of rural American communities, the web is generally down. Sometimes there is no entrance.

The money comes from a bipartisan infrastructure bill that Biden signed into law in 2021.

The amount each state and territory receives depends on the diversity of unserved locations in each jurisdiction.

According to the framework’s guidelines, states should prioritize connecting mostly unserved areas earlier than strengthening services in underserved areas or areas without high-speed Internet access and neighborhood anchor institutions, similar to colleges and libraries.

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