The recent presidential election was largely seen as a referendum on the economic policies of President Biden and Vice President Harris. Despite the administration's efforts to highlight their economic achievements, such as the Inflation Reduction Act and the C.H.I.P.S. Act, the election results indicated a disconnect between the administration's portrayal of the economy and voters' perceptions. President Biden acknowledged that while economic indicators might suggest a strong economy, voters were more influenced by high prices and inflation concerns, which contributed to President-elect Trump's victory. The administration is attempting to cement Biden's legacy by arguing that the benefits of their economic policies will be realized in the future, even as they face criticism for not effectively communicating these successes to the public.