According to projections, Democratic White House nominee Joe Biden has garnered enough electoral votes to secure the US presidency, he will have a unique and challenging task—managing the nation's economic recovery after a global pandemic that caused unemployment to surge to levels not seen since the Great Depression.
BUILD BACK BETTER:
JOE BIDEN’S JOBS AND ECONOMIC RECOVERY PLAN FOR WORKING FAMILIES
Biden believes this is no time to just build back to the way things were before, with the old economy’s structural weaknesses and inequalities still in place. This is the moment to imagine and build a new American economy for our families and the next generation.
In this time of crisis, Joe Biden has a plan to create millions of good-paying jobs and to give America’s working families the tools, choices, and freedom they need to BUILD BACK BETTER.
That starts with a real strategy to deal with the pandemic. Biden will also provide further immediate relief to working families, small businesses, and communities. Biden will:
Provide state, local, and tribal governments with the aid they need so educators, firefighters and other essential workers aren’t being laid off.
Extend COVID crisis unemployment insurance to help those who are out of work.
Provide a comeback package for Main Street businesses and entrepreneurs.
Put people to work by enlisting them to help fight the pandemic
The Biden plan will mobilize the American people in service of four bold, national efforts to address four great national challenges. As President, Biden will:
1. Mobilize American manufacturing and innovation to ensure that the future is made in America, and in all of America.
2. Mobilize American ingenuity to build modern infrastructure and an equitable, clean energy future.
We’ve seen the need for a more resilient economy for the long-term, and that means investing in modern, sustainable infrastructure and sustainable engines of growth — from roads and bridges to energy grids and schools, to universal broadband. Biden will soon release updated proposals to meet the climate crisis, build a clean energy economy, address environmental injustice, and create millions of good-paying union jobs.
Biden called climate change a survival-related threat and said he would unite countries around the world to act more quickly and reduce gas emissions by rejoining the Paris Climate Accord.
3. Mobilize American talent and heart to build a 21st-century caregiving and education workforce.
Biden claimed that he would expand the public health insurance plan passed when he was former President of Obama’s deputy and implement a plan that is estimated to provide insurance to 97% of Americans.
Joe Biden will soon announce a plan to make it far easier to afford child care and to ensure ageing relatives and people with disabilities have better access to home and community-based care; to elevate the pay, benefits, and professional opportunities for caregivers and educators; to create millions of good-paying new jobs in these areas with a choice to join a union, and to free up millions of people to join the labour force and grow a stronger economy in return.
4. Mobilize across the board to advance racial equity in America.
Regarding the racial protests that have swept the United States this year, Biden said that he believes that racism does exist in the United States and must be resolved through broad support for ethnic minorities economic and social projects which is one of the major pillars of his "reconstruction plan”— to support minorities with a $30 billion fund.
As President, he will pursue a dedicated agenda to close the racial wealth gap, to expand affordable housing, to invest in Black, Latino, and Native American entrepreneurs and communities, to advance policing and criminal justice reform, and to make real the promise of educational opportunity regardless of race or zip code.
Building back better means an updated social contract that treats American workers and working families as essential at all times, not just times of crisis. This plan also means helping small businesses and entrepreneurs come out the other side of this crisis strong while demanding more from corporate America.
Besides Building back a better plan, Joe Biden will withdraw Trump's immigration policy. Biden promised that within the first 100 days of his tenure, Trump's policy of separating parents from children at the US-Mexico border will be revoked, restrictions on the number of asylum applications, and travel bans in several Muslim countries will be ended. He also promised to protect "Dreamers"—those who were brought into the United States illegally as a child and allowed to reside under Obama-era policies—and that they would be eligible for federal student grants.
As a policy adjustment that has always been clear to the left, Biden has already expressed support for several major education policies that have been popular within the party-the student loan exemption plan, the expansion of tuition-free universities, and universal preschool education. This part of the cost will be paid with the money recovered after the abolition of the Trump-era tax cuts.