Biden Highlights Economic Legacy in Final Speech

As President Joe Biden approaches the end of his term, he is set to deliver a significant address at the Brookings Institution, reflecting on his economic legacy and contrasting it with anticipated policies from the incoming Trump administration. Biden will emphasize achievements such as the creation of 16 million jobs and a focus on middle-class economic growth, arguing that his policies have prevented a more severe economic crisis. He warns against potential tax cuts for the wealthy and a return to 'trickle-down economics' under Trump, which he believes could undermine these gains. Despite his administration's claims of record job growth and investments, stubborn inflation and voter dissatisfaction contributed to the Democrats' electoral losses. Critics, including some economists, argue that Biden's presidency has been marked by rising debt and declining incomes. Biden aims to reshape his legacy amidst these challenges in his final weeks in office.