Biden challenges 'MAGAnomics', Trump in speech

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President Biden accuses the Republican Party of “undercutting” the working class with their economic policies, tagging it as “MAGAnomics.” The term refers to a budget plan proposed by members of the House’s Republican Study Group.Yahoo Finance’s Rick Newman suggests that drawing this distinction between Bidenomics and MAGAnomics might be one of President Biden’s biggest selling points for his 2024 reelection campaign. Newman also notes Biden’s approval rating and the recent indictment of Hunter Biden in gauging the president’s reelection potential.“[Biden] honestly is just not getting a lot of credit from voters,” Newman insists on the president’s fight against inflation and his Bidenomics policies, which include core tenets like green energy and manufacturing incentives.