Democrats Should Stake the Bidenomics Vampire

Disavow it, admit it was a mistake, and break with Bidenomics forever before it sucks more life from the Democratic Party.

President Joe Biden records a digital video on “Bidenomics”, on Wednesday, August 16, 2023, in the Map Room of the White House. He stands by a chart and checks boxes for different components of the Administration’s economic agenda. (Official White House Photo by Adam Schultz)

“Democrats Avoided Criticizing Biden,” admitted Victoria Guida for POLITICO on February 20, 2025. “Jason Furman’s Doing It Now.”

“Was ‘Bidenomics’ a failure?” Guida asked Jason Furman during an interview this week.

“For many allies of former President Joe Biden, the question is sacrilege,” Guida allowed. “He oversaw passage of a sweeping suite of bills that funded infrastructure projects, boosted strategic sectors, built out clean energy and helped propel the economy out of a pandemic-induced deep freeze. His electoral loss — their narrative goes — was fed by price surges largely beyond his control.”

“But one of the most prominent economists in the Democratic Party is arguing that the answer is, at least partially, yes: that there were areas where the Biden administration failed, and they failed because they got in their own way,” Guida continued. “Jason Furman, the former top economist for then-President Barack Obama who now teaches at Harvard University, is wrenching open a debate about the former administration, writing in a lengthy Foreign Affairs piece that inflation was principally caused by too much government spending and that some of the White House’s key…