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President Biden is trying to explain Bidenomics.  I will help him out a bit here with a summary.  Economics is a challenging field of study, and I hope this may help you explain Bidenomics to people who are asking about it.

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What is Bidenomics?

Simply put, Bidenomics is borrowing trillions from China, to spend on a green new deal and to enrich China and its U.S. and international supporters.  As part of this green new deal, cut off as much oil and gas production in the U.S. as possible to drive prices higher.

In addition, part of the green new deal is to enact a host of regulations on everything, including alcohol, beer, cars, ceiling fans, fertilizer, gas stoves, lawnmowers, light bulbs, plastics, vaccinations, etc.  Essentially regulate for the American people everything from alcohol to zoos.