Biden is ditching term 'Bidenomics' as 2024 campaign swing heats up while Republicans are pouncing on the phrase to describe the administration's 'failed' economic policies

Joe Biden has recently deserted his signature catchphrase 'Bidenomics' while Republicans are running with the term, using it to bludgeon the president's handling of the economy. 

The president used the phrase for the first time in months at an event this week in North Carolina, according to Axios. 

The outlet analyzed politician's use of the term and found that as the White House and Democrats have used it less Republicans have used it more. 

'Leading economists aren't making much fun of 'Bidenomics' anymore,' Biden said Tuesday. 'They're thinking maybe it works!'

The last time he had publicly used the phrase was on January 25, over two months ago. 

Republicans, meanwhile, have seemingly used the phrase nonstop to attack the president, frequently invoking the term to decry grocery and gas prices. 

President Joe Biden has used the phrase 'Bidenomics' less and never mentioned it publicly during the entire month of February

The Axios analysis found that the president mentioned 'Bidenomics' 29 times in June, but so far in 2024 he has only used the phrase three times

'Put simply, Bidenomics is crushing American families,' Sen. Bill Cassidy, R-La., wrote on X Wednesday.

'Prices are up. Personal savings are down. We MUST get back on track.'

Sen. Deb Fischer, R-Ne., wrote this week: 'Nebraskans are paying $992 more per month just to afford basic expenses. That’s Bidenomics at work.'

Rep. Wesley Hunt, R-Texas, wrote recently: 'Americans are no longer buying Biden’s lies. As a matter of fact, Americans are no longer buying much of anything thanks to Bidenomics.' 

According to the analysis, Congressional Republicans have so far invoked 'Bidenomics' 474 times this month in posts on Facebook, posts on X, press releases, newsletters and floor statements.

In the same timespan Democrats have mentioned the term just 10 times.

It also found that GOP lawmakers have used the term over 400 times per month since July 2023.

White House spokesperson Michael Kikukawa told Axios that Biden 'will continue talking about Bidenomics, which is a sharp contrast with congressional Republicans, who are siding with special interests and the rich over middle-class families.'

Notably, the president did not use the term during his State of the Union address earlier this month where he touted other policy objectives like lowering health care costs and creating jobs. 

The White House launched the buzzword in June 2023 in hopes that it would emphasize the president's plan to tax the wealthiest Americans, invest in national security, expand the middle class and lower costs. 

Biden was initially hesitant to use the term, which is deliberately designed to echo Ronald Reagan's 'Reaganomics,' but later began embracing it. 

He also denied that the White House created the term. 

'Let's get it straight. The first time it was used was in the Wall Street Journal,' he said in June.