For me, the essence of Bidenomics is a long overdue policy rejection of "trickle-down". Trickle down was a scam that took over the West, and it helped no one but the increasingly wealthy 1%. I'm still waiting for other countries to follow Biden's lead. But it's the only way forward.
Still weirdly little-known fact about "trickle-down": it started out as a send-up of rank capitalist greed, & a conjob & politics which it funds for its own selfish profit. Today, some still cite the phrase as if it were some valid classic theory, & reputable practice. It isn't - & it never was.