POTUS administration touts economic policy known as “Bidenomics”

The Biden Administration is hard at work promoting the president’s economic policy, “Bidenomics”
Published: Jun. 29, 2023 at 5:52 PM AKDT
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FAIRBANKS, Alaska (KTVF) - The Biden Administration is hard at work promoting the president’s economic policy, “Bidenomics”, as funding from the Bipartisan Infrastructure Act continues to be allocated around the country.

This move comes, even as a recent survey from the Associated Press and the National Opinion Research Center found that only 34 percent of U.S. adults hold a positive opinion of his leadership on the economy.

In Alaska, the development of more energy jobs has been highlighted as an economic boost for the 49th state.

According to Joelle Gamble, Deputy Director for the National Economic Council, Biden’s fiscal policy involves building the economy from the middle out and the bottom up, rather than the top down. “That means making smart investments in America, from infrastructure to manufacturing. That secondly means educating and empowering workers, making sure they have the training and the education to get good-paying jobs, including jobs that don’t require a four-year degree, and three, it means promoting competition to lower costs for families and help small businesses.”

“It is really focused on the people who make the economy work, right? Working people, small businesses, people who make products and put them on the shelves, people who actually make businesses run, and so that’s kind of where this full agenda came from,” she added.

On Wednesday, June 28, the administration announced $278 million in funding in order to improve the infrastructure to provide tribes and Alaska Native villages with safe drinking water.

Monday, June 26 saw the announcement of around one billion dollars in funding from the infrastructure act to improve broadband access in Alaska.