US President Joe Biden speaks on how “Bidenomics” is helping clean energy and manufacturing, at Arcosa Wind Towers in Belen, New Mexico, on August 9, 2023. AFPPIX: President Joe Biden on Wednesday moved to restrict US investment in Chinese technology during a multi-state tour of the Southwest to tout his push to revive American manufacturing after decades of decline.
They also come as the 80-year-old Democrat revs up his pitch for reelection in 2024, turning his attention to jobs and the economy, key bread-and-butter issues in the campaign for the White House. “Where’s it written that America can’t lead the world again in manufacturing? Because we’re going to do just that,“ he added.
“Instead of exporting American jobs, we’re creating American jobs and we’re exporting American products,“ he added.For many, the Democrat’s economic policies -- the “Bidenomics” that the president’s communications team is trying to bring into the mainstream in a positive light -- remain murky. The administration's policy of unashamed industrial sovereignty is making some of Washington's traditional allies bristle.He needs to win back portions of the working-class vote captured by his Republican predecessor Donald Trump, who appealed to large segments of blue-collar workers who were laid off or otherwise felt left behind by globalization.