In a speech at the Brookings Institution, President Biden advocated for his 'middle-out, bottom-up' economic approach while highlighting significant economic achievements and defending against criticism. With inflation impacting American lives, Biden claimed Trump would inherit a strong economy, despite ongoing struggles with high grocery prices. A new website was launched to further promote Biden's economic successes, emphasizing cumulative GDP growth outpacing his predecessors. The administration also allocated $6.2 billion to Micron Technology for domestic chip manufacturing, aiming to bolster supply chains and job creation.