Biden’s pitch on Wednesday will point to the addition of 13 million jobs on Biden’s watch and an unemployment rate under 4%. “He rejected trickle-down economics, the theory that tax cuts at the top would trickle down," said Lael Brainard, the director of the White House National Economic Council. Polling has consistently shown public frustration with Biden’s economic record. A CBS News poll released this month found that nearly two-thirds of U.S. adults rated the economy as fairly or very bad, and it showed 36% approving Biden on the economy, with 64% disapproving. He pointed to the coming period that encompasses this fall and the beginning of the summer of 2024 as the key time for Biden to sell his economic accomplishments to voters.

Source: Wall Street Journal June 28, 2023 17:27 UTC