Biden takes ownership of 'Bidenomics' label while touting economic recovery

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Addressing a crowd in Chicago on Wednesday, President Biden detailed the impact of his administration's economic policies, which he referred to as "Bidenomics," though he insisted that financial reporters came up with the term. "When I took office, the pandemic was raging and the economy was reeling," he said, adding, "Today, the U.S. has the highest economic growth rate, leading the world economies since the pandemic."