Michael Hiltzik: Bidenomics has been a boon for working class voters. Why don't they give him credit?

No one doubts that the fiscal buzzword of the moment is "Bidenomics." The question at hand is whether President Joe Biden will be able to wear it proudly as a badge, or his Republican adversaries will hang it around his neck like an albatross.

Biden himself plainly sees it as a net positive. During his appearance in Chicago on June 28 to talk up his economic message, the term was emblazoned on the podium and on bunting draped around the hall.

Republicans inevitably see it as just the opposite. "Highest inflation in 40 years. 24 straight months of pay cuts. 37.2% increase in energy prices. That's Bidenomics in action," Sen. Marsha Blackburn, R-Tenn., tweeted that same day.

"Savings, real wages, and economic confidence are all down while prices continue to skyrocket, and hardworking Americans pay the price for failed 'Bidenomics,'" chimed in Republican National Committee Chair Ronna Romney McDaniel.

So which is it? The truth is that by most