Donald Trump recaptured the White House in part by relentlessly exploiting Joe Biden's failure to heed widespread concerns about the rising cost of living. Now, bizarrely, President Trump is walking himself'and his party'into the same perilous trap by denying the economic reality that working families are living. In the summer of 2023, as he geared up his ill-fated race for reelection, Biden mounted a campaign to convince the public that his policies had delivered the economy and American workers from the depths of the pandemic to renewed prosperity. 'Our plan is working'Bidenomics,' the president declared during a rally at the Philly Shipyard. Biden had some legitimate claims. An impressive 13 million jobs had been created on his watch, and growth was relatively strong. He had pushed through policies that had begun to lift wages. Still, Americans were not nearly as enthusiastic as the president about an economy he had ill-advisedly branded with his name. Inflation spiked as the...
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