From his SOTU speech.
fact sheet:
https://www.whitehouse.gov/briefing-...can-jobs-plan/
Excerpts:
While the American Rescue Plan is changing the course of the pandemic and delivering relief for working families, this is no time to build back to the way things were. This is the moment to reimagine and rebuild a new economy. The American Jobs Plan is an investment in America that will create millions of good jobs, rebuild our country’s infrastructure, and position the United States to out-compete China. Public domestic investment as a share of the economy has fallen by more than 40 percent since the 1960s. The American Jobs Plan will invest in America in a way we have not invested since we built the interstate highways and won the Space Race
...
Like great projects of the past, the President’s plan will unify and mobilize the country to meet the great challenges of our time: the climate crisis and the ambitions of an autocratic China. It will invest in Americans and deliver the jobs and opportunities they deserve. But unlike past major investments, the plan prioritizes addressing long-standing and persistent racial injustice. The plan targets 40 percent of the benefits of climate and clean infrastructure investments to disadvantaged communities. And, the plan invests in rural communities and communities impacted by the market-based transition to clean energy. Specifically, President Biden’s plan will:
...
Alongside his American Jobs Plan, President Biden is releasing a Made in America Tax Plan to make sure corporations pay their fair share in taxes and encourage job creation at home.
Observations:
Sounds like another democrat scheme to create jobs that are dependent on government for cash flow instead of actually making a profit in the free market. More government dependency.
AM I reading that last part right? He plans to hobble businesses that try to keep things made in the USA with overbearing taxes, thus ensuring they outsource to China? Why would someone want to make something in America when they will be punished for it with more taxes? He is doing the exact opposite of what Trump did when Trump brought jobs back to the USA from overseas.
Thanks, Biden.
fact sheet:
https://www.whitehouse.gov/briefing-...can-jobs-plan/
Excerpts:
While the American Rescue Plan is changing the course of the pandemic and delivering relief for working families, this is no time to build back to the way things were. This is the moment to reimagine and rebuild a new economy. The American Jobs Plan is an investment in America that will create millions of good jobs, rebuild our country’s infrastructure, and position the United States to out-compete China. Public domestic investment as a share of the economy has fallen by more than 40 percent since the 1960s. The American Jobs Plan will invest in America in a way we have not invested since we built the interstate highways and won the Space Race
...
Like great projects of the past, the President’s plan will unify and mobilize the country to meet the great challenges of our time: the climate crisis and the ambitions of an autocratic China. It will invest in Americans and deliver the jobs and opportunities they deserve. But unlike past major investments, the plan prioritizes addressing long-standing and persistent racial injustice. The plan targets 40 percent of the benefits of climate and clean infrastructure investments to disadvantaged communities. And, the plan invests in rural communities and communities impacted by the market-based transition to clean energy. Specifically, President Biden’s plan will:
...
- Fix highways, rebuild bridges, upgrade ports, airports and transit systems.
- Deliver clean drinking water, a renewed electric grid, and high-speed broadband to all Americans.
- Build, preserve, and retrofit more than two million homes and commercial buildings, modernize our nation’s schools and child care facilities, and upgrade veterans’ hospitals and federal buildings.
- Solidify the infrastructure of our care economy by creating jobs and raising wages and benefits for essential home care workers.
Alongside his American Jobs Plan, President Biden is releasing a Made in America Tax Plan to make sure corporations pay their fair share in taxes and encourage job creation at home.
Observations:
Sounds like another democrat scheme to create jobs that are dependent on government for cash flow instead of actually making a profit in the free market. More government dependency.
AM I reading that last part right? He plans to hobble businesses that try to keep things made in the USA with overbearing taxes, thus ensuring they outsource to China? Why would someone want to make something in America when they will be punished for it with more taxes? He is doing the exact opposite of what Trump did when Trump brought jobs back to the USA from overseas.
Thanks, Biden.
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