It has being dubbed a renaissance in American manufacturing. It has the potential to affect every Australian. The story begins with the birth in the US of the Biden administration’s most significant post-pandemic achievement, the Inflation Reduction Act. It is part of a suite of economic reforms dubbed Bidenomics by the White House. Bidenomics rejects the notion of trickle-down economics — where profits from the big end of town trickle down to workers. It is more "middle out" and "bottom up" — the idea that an expanding and growing middle class helps everyone. It is about re-invigorating America's industrial heartland…