White House Press Secretary Karine Jean-Pierre defended President Biden’s economic policies, urging Americans to be patient and allow more time for their effects to be felt. Speaking with MSNBC‘s Willie Geist, she acknowledged the challenges faced by the nation, particularly the impact of the unprecedented COVID-19 pandemic, as the economy was in disarray when Biden assumed office.
🇺🇸WHITE HOUSE: 'BIDENOMICS' IS LIKE A FINE WINE
KARINE JEAN-PIERRE: "We get that it's gonna take a little bit of time for folks to feel what the 'Bidenomics' has been able to do."
Source: MSNBC pic.twitter.com/FAbxSGTfsp
— Mario Nawfal (@MarioNawfal) January 2, 2024
Jean-Pierre emphasized the need for time for people to experience the benefits of “Bidenomics,” citing economists who assert that such policies require a period to take effect.
Despite negative polling and voters seemingly turning away from the president and the Democratic Party, she maintained that Biden is committed to addressing these concerns and completing the job.
Responding to questions about declining support among key demographics, such as Black and Latino voters, Jean-Pierre highlighted positive economic indicators.
She pointed to alleged significant reductions in unemployment rates for these communities and emphasized the administration’s focus on equity rather than equality, stating that it was central to every piece of legislation proposed by the president.
However, the term “Bidenomics” itself has faced criticism within the Democratic Party. Some believe it to be a poorly chosen slogan, with one Democratic strategist expressing strong disapproval. CNN political analyst Errol Louis cautioned that if voters don’t perceive the positive economic changes attributed to “Bidenomics” in time, it could adversely impact Biden’s chances of reelection.
In summary, Jean-Pierre defended Biden’s economic policies, attributing the challenges to the aftermath of the pandemic and urging patience for Americans to feel the positive impacts. Despite criticism of the term “Bidenomics” and concerns about declining support, she emphasized the administration’s commitment to equity and addressing the economic needs of diverse communities.
