Biden takes victory lap on Inflation Reduction Act amid 2024 'Bidenomics' push

took a victory lap that was likely a preview of his campaign's message over the next year.

Surrounded by people who the White House said had benefited from the law, Biden gave a speech that capped a recent multi-state blitz and reflected his campaign strategy heading into 2024: persuade voters that positive broader economic trends are actually helping them on an individual level -- and take credit for it.

President Joe Biden delivers remarks on the first anniversary of the Inflation Reduction Act in the East Room at the White House, Aug. 16, 2023.He repeatedly focused on job creation during his administration, noting the historically low unemployment rate – which Democrats hope will help them in next year's election.

Despite several positive economic indicators, polls have shown Biden continues to be marred by low approval numbers on the issue. One poll conducted earlier this year by ABC News and the Washington Post found Americans 54-36% said former President Donald Trump did a better job handling the economy when he was in office than Biden's done so far.

Democratic Representative Nancy Pelosi and Senate Majority Leader Chuck Schumer attend an event on the anniversary of the Inflation Reduction Act in the East Room of the White House in Washington, DC, Aug. 16, 2023.Biden, who said Republicans were focused on what's wrong with America," swiped at the party for unanimously voting against the legislation.

Source: Law Daily Report (lawdailyreport.net)

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