Washington Post columnist Catherine Rampell recently cast doubt on the enduring impact of President Biden's economic policies. In a recent article, she countered claims that Biden's economic performance is a resounding success, suggesting instead that very little of his agenda will outlast his presidency.

Rampell refuted comparisons of Biden to transformative figures like FDR and LBJ, noting the temporary nature of many of his programs. For instance, the expanded child tax credit from 2021 expired after a single year, and investments in the child-care sector have also lapsed. Health tax credits, credited with reducing the uninsured rate, are set to expire soon, with little expectation of renewal by Republicans.

Furthermore, Rampell predicts a reversal in the decreased uninsured rate and anticipates rollbacks on expanded food-stamp benefits. Initiatives like eldercare and national paid leave never came to fruition. While acknowledging the potential longevity of the bipartisan infrastructure law and the Chips and Science Act due to GOP support, Rampell downplayed their impact, citing inflation's erosion of infrastructure funding and Republican efforts to scale back the Inflation Reduction Act.

Rampell also critiqued Biden's regulatory actions, highlighting the absence of new worker health or safety standards. She noted positive trends in the labor market, such as wage growth for certain demographics, but suggested that "Bidenflation" will likely overshadow these gains in public memory. Ultimately, Rampell characterized the impact of "Bidenomics" as potentially transient.

In a separate interview, President Biden expressed hope that history will recognize his efforts to restore the economy and reassert America's global leadership.