United States President Joe Biden has laid out a broad economic plan he says will help restore the “American dream” as he readies for the presidential election in 2024.Speaking from Chicago, Illinois, on Wednesday, Biden outlined his proposal for “Bidenomics” — a term he admitted he did not create but has since claimed. He explained his economic policies would focus on bolstering the middle class while countering policies that favour wealthy investors and corporations.“This vision is a fundamental break from the economic theory that has failed America’s middle class for decades. It’s called trickle-down economics,” Biden said on Wednesday, rejecting a conservative theory that has held sway over US politics.
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