The White House has launched an economic policy called “bidenomics.” Our numbers show that voters don’t believe many of the president’s economic claims.

At this point, according to the latest survey (June 19-21, 1000 registered voters) to solve the problem, a majority of the public (55%) do not believe President Joe Biden’s economic plan is working (31%-55% believe, don’t believe). In a series of statements promoting Bidennomics, it turns out voters don’t believe most of those statements.

• Since President Biden took office, the economy has created more than 13 million jobs, including nearly 800,000 manufacturing jobs. (40%-41% believe, don’t believe)
• The share of working-age Americans in the labor force has not risen in more than two decades. (31%-41% believe, don’t believe)
• Since Biden took office, the real income of the bottom half has increased by 3.4%. (31%-44% believe, don’t believe)
• President Biden’s policies will cut the deficit by $2.5 trillion by cutting wasteful spending on special interests and ensuring that the richest Americans and big corporations pay their fair share of taxes. (33% to 50% believe – don’t believe)
• The annual inflation rate has fallen for the 10th straight month. (27% to 55% believe – don’t believe)

But before dismissing the White House strategy, Republicans should consider its long-term implications, not just what today’s numbers indicate. With inflation slowing, there’s a good chance the economy will improve over the next year as we head into the fall campaign. The launch of Bidennomics puts the president and Democrats in a position to take credit for improving the economy. (Related: William O’Reilly: How to ruin a thriving city within 10 years)

Remember “Obama’s Recovery” and “Clinton’s Economy”? Such economic success would not have happened without Republican policies. In the case of former President Barack Obama, he went from a “redistribution of wealth” campaign to January 2013 signing a bill to make 98% of the 2001/2003 (Bush) tax cuts permanent, adopting a Republican congressional approach of “all of the above” energy policy, and making the United States the largest producer of oil and gas.

In the case of the Clinton economy, the Republican Congress that passed tax cuts and oversaw the balanced budget (along with then-President Bill Clinton) did not get the credit it deserved, and the Clinton economy is now a legend. Democrats are good at taking the credit of the economy. The White House has argued inflation has nothing to do with spending, but now the situation has eased, and he blames policy for this.

Unless Republicans leave Bidennomics claims unrefuted and effectively refute them on the basis of what the full numbers tell us, these ideas will take hold as the economy improves. For example, the annual inflation rate has fallen (the latest CPI is 3%), but the cumulative inflation rate has risen. 16.6% Inflation After Biden Inauguration.

The Bidennomics strategy also aims to provide contrast with the Republican Party. As Cook Political Report editor Amy Walter pointed out:meet the press,” “Bidennomics selling is not just about how good the economy is, but how bad the Republican Party is.”

Republicans should criticize Biden’s policies, but a strategy devoted to blaming the president and saying everything sucks could backfire, especially when the economy could be on the upside.

That strategy would be the same one that avoided the 2022 red wave. Republicans must have a positive economic message and agenda to effectively counter Bidennomics.

Believe his policies or not, the president has an economic strategy he plans to pursue before the next election. Does the Republican Party Have Anything of Its Own?

Myra Miller is the co-founder of The Winston Group. Over her decade-plus, she has worked with Republican leadership and conferences in the House and Senate on strategic planning, communications, and policy issues.

The views and opinions expressed in this commentary are those of the author and do not reflect the official position of the Daily Caller News Foundation.

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