Abstract 

Bidenomics alludes to the Biden Administration’s fiscal strategies which were directed at post-pandemic recuperation, infrastructure funding, job growth, tax changes, and inflation curbing. This paper examines the effect of major legislative measures, including the American Rescue Plan (ARP), the Bipartisan Infrastructure Law, the Inflation Reduction Act (IRA), and the CHIPS and Science Act, on economic growth, income inequality, and public view. The study shows that while such policies helped with work growth and widely increased access to care, they stirred big rows over cost hikes and inflation. Public opinion remains quite divided, along with supporters stressing definite long-term benefits as well as critics pointing to certain short-term financial burdens. This paper additionally explores potential reasons why these policies did not fully meet expectations. It analyzes economic, social, as well as political factors influencing their effectiveness.

Executive Summary

Bidenomics was the fiscal policy package of the Biden Administration and was mainly focused on infrastructure investment, job creation, tax reforms, and inflation control. They were designed to help the US recover from the pandemic and tackle issues like income inequality, infrastructural issues and lay the foundation for a more sustainable future. Bidenomics was based on key legislations like the American Rescue Plan (ARP), the Bipartisan Infrastructure Law, the Inflation Reduction Act (IRA) and the CHIPS and Science Act. Each law had specific objectives like post pandemic relief or strengthening infrastructure or reducing healthcare costs. This paper investigates how these policies affected the economy, their social consequences, and whether they genuinely delivered on their promises. Analysis of public opinion indicates conflicting feelings. While many saw benefits such as job growth and increased access to healthcare, others grumbled about growing expenses and inflation. This research also investigates probable reasons why this method did not perform as predicted. 

Keywords: Economic impact, Job growth, Income inequality, Pandemic recovery, Public perception 

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