Of course, this doesn’t come without accusations from the now neglected rich, which was faring quite well the last time fanny packs were big. Rather than building from the top down, Joe’s strategy of bottom up and middle out, which can be seen in his push to invest in manufacturing jobs and record-breaking wage growth for those in historically lower-compensated positions. Now it’s Biden’s turn at the wheel, and drivers are getting paid famously.

Tax breaks to the rich helped the rich, of course, but data has progressively mounted that they didn’t help the middle class whose wages stagnated for decades, barely keeping pace with inflation. In that vein, Biden hasn’t just been governing in opposition to his former opponent President Trump, but also the Republican hero Ronald Reagan, the onetime union leader during the last Hollywood dual strike who decades later slashed taxes for the wealthy as part of what became known as trickle-down economics.

His campaign premise to revive the average American quickly led to a new word: Bidenomics, a portmanteau (much like Obamanomics, Reaganomics before, or Hobama as of late), that refers to, in Biden’s own words: “building an economy from the middle out and the bottom up, not the top down.” Biden’s famous adoration of ice cream has really only been paralleled or eclipsed by his love for this middle class.

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