**Fact Check:**

- **Trickle-Down Economics:** The statement claims that "decades of trickle-down economics primarily benefitted those at the very top." Trickle-down economics, or supply-side economics, suggests that benefits from tax breaks and other economic incentives for businesses and the wealthy will eventually "trickle down" to the broader population through job creation and economic growth. Critics argue that this policy has often led to increased income inequality, with significant benefits accruing to the upper echelons of society. This perspective is supported by numerous economic analyses, including those from the Congressional Budget Office, which have shown that income inequality in the U.S. has grown since the 1980s, correlating with the implementation of policies that could be described as trickle-down. However, supporters of these policies might argue that they've also spurred economic growth beneficial to all income levels, especially in terms of job creation before major economic downturns like the 2008 financial crisis. 

- **Biden-Harris Economic Playbook:** The "new playbook" referred to by President Biden involves policies aimed at growing the economy "from the middle-out and bottom-up." This approach includes:

  - **Investments in Infrastructure:** Through laws like the Bipartisan Infrastructure Law, there's been a push for government spending on infrastructure, which is intended to create jobs and stimulate economic activity from the middle class upwards.[](- **Social Support and Tax Policy:** Measures like the expanded Child Tax Credit, which was temporarily increased under the American Rescue Plan, aimed at providing direct benefits to lower and middle-income families. However, this was not made permanent, affecting the long-term impact of this policy.[](- **Labor and Small Business Support:** Efforts to increase union power, raise the minimum wage, and support small businesses with loans and grants, although some of these initiatives have faced legislative hurdles or were not as extensive as initially proposed.[](- **The Claim That "The New Playbook is Working":** 

  - **Job Growth and Unemployment:** The administration has indeed seen significant job growth, with unemployment rates dropping to historically low levels, even considering the recovery from the economic downturn caused by the global health crisis. This is often cited as evidence of economic recovery and growth from the "middle-out."[](- **Inflation and Economic Challenges:** However, the period has also been marked by high inflation rates, which have negatively impacted real wages for many Americans. Critics argue that while jobs have been created, the quality, wages, and real purchasing power haven't necessarily improved for all, particularly when inflation is factored in.[](- **Public Perception and Economic Sentiment:** Despite the job statistics, public perception of the economy under Biden-Harris has been mixed, with polls showing many Americans feeling that the economy is not working in their favor, particularly with regard to the cost of living.[](- **Small Business and Entrepreneurship:** There's been a notable increase in new business formations, which could be seen as a positive outcome of policies aimed at supporting the middle and bottom of the economic spectrum.[](In conclusion, while the Biden-Harris administration has implemented policies aimed at reversing the effects of trickle-down economics, the success of these policies in "benefiting everyone" is subject to debate. The effectiveness can be seen in job creation and some social support measures, but challenges like inflation and public economic sentiment complicate.