Biden Unveils Economic Plan of Building Back America by Reviving Local Manufacturing

Last Thursday, Joe Biden unveiled his economic plans if voted as the new U.S. president, giving voters in swing states more reasons to support his election bid. Most of Biden’s agenda were similar to those put forward by other contenders to the Democratic presidential nomination. Rather than be criticized for the similarities, the former Vice President drew praises from his critics.

The similarities should not come as a surprise at all because Biden has been collaborating with former nomination rival Sen. Bernie Sanders. Together, the two formed on appointing members of 6 joint taks forces, which they collectively call as “unity task forces” and has been on the roll since May.

On his part, Sen. Bernie Sanders selflessly supplied a 110-page policy enumerating a wish list of what he hopes that Biden will include in his economic agenda. Ths Vermont senator’s policies Included plans for all American families, such as the universal pre-K and 12-week paid family leave.

A week after Biden revealed his plans, a growing number of survey respondents polled by CNN in the states of Arizona, North Carolina, Florida, Pennsylvania, Michigan and Wisconsin indicated favoring Biden. The general consensus today is that many Americans would rather pin their hopes on Biden’s declarations over Trump’s scatterbrained speeches; aimed mostly at discrediting people who oppose his twisted views and thoughtless decisions

Biden Projects Aimed at Reviving Local Manufacturers by Buying Only American Products

Biden delivered his speech in a clear and concise manner, announcing to his safely-distanced audience his plans to “Bring Back America”; not by closing border walls but by harnessing research and development (R&D) and promoting economic nationalism of buying only American-made products.

This comes to a head of creating badly needed jobs aimed at bringing down the highest unemployment rate of 11% wrought by the COVID-19 pandemic. The highlights of Biden’s economic recovery is centered on investments for artificial intelligence and new technologies that can provide not onle solutions to solve the economic crisis; but also in harnessing clean energy to address climate change.

Biden gave a promise that he will work closely with the working class to ensure that

“Every American gets a chance to earn a fair return for work put in, as well as have an equal chance to move and get ahead.

Funding for Biden’s Economic Plan will Come From the Rich

In order to raise ths $700 billion peojected cost of investments in R&D and advanced technologies, Biden’s sconomic plans include rolling back the corporate tax rate to the previohs 28% before Trump’s administration lowered it down to 21% in 2017.

Moreover, he vowed that the likes of Amazon who dot not pay any taxes will come to an end. As additional measure, he intends to introduce policies that will require the federal government to spend taxpayer money only on American products, since doing so would ensure support for American jobs.