In 2018, stock buybacks were at record highs and corporate tax payments were at record lows.In the first 18 months of Trump’s presidency, the rate of federal contractors offshoring jobs more than doubled.Foreign investment was outpacing domestic investment. The Trump tax cut encouraged offshoring and investment overseas – not in the United States.
He pursued a trade strategy that prioritizes access for big multinational banks to China’s market but has done next to nothing to curb Chinese government trade abuses that hurt U.S. He gave huge tax cuts to the largest multinationals with no requirement that they invest in the United States or favor U.S.
#Joe all the things chords pro#
It will also go further than the PRO Act by holding company executives personally liable when they interfere with organizing efforts.ĭonald Trump’s main manufacturing and innovation strategy is trickle-down economics that works for corporate executives and Wall Street investors, but not working families.
#Joe all the things chords series#
Biden will include in the economic recovery legislation he sends to Congress a series of policies to build worker power to raise wages and secure stronger benefits. This legislation will make it easier for workers to organize a union and bargain collectively with their employers by including the Protecting the Right to Organize (PRO) Act, card check, union and bargaining rights for public service workers, and a broad definition of “employee” and tough enforcement to end the misclassification of workers as independent contractors. These will be high-quality, high-skill, safe jobs with the choice to join a union - jobs that will grow a stronger, more inclusive middle class. Biden will do more than bring back the jobs lost due to COVID-19 and Trump’s incompetence, he will create millions of new manufacturing and innovation jobs throughout all of America. And, if we do these things with an unwavering commitment to bolstering American industrial strength, which we will power using clean energy that we also harvest here at home, we will also lead in making the cutting-edge products and services of tomorrow. If we make smart investments in manufacturing and technology, give our workers and companies the tools they need to compete, use taxpayer dollars to buy American and spark American innovation, stand up to the Chinese government’s abuses, insist on fair trade, and extend opportunity to all Americans, many of the products that are being made abroad could be made here today. But President Trump has denied science, under-funded research and development, and implemented policies that encourage more manufacturing to move overseas.
This partnership propelled us to the moon, to transformative treatments for HIV/AIDS and other diseases, to the creation of the internet, and more. At key moments in our history, the federal government, private sector, and above all American workers and working families have mobilized to unleash eras of innovation and shared prosperity. The American story has always been deeply rooted in our ability to reinvent ourselves in the face of new challenges. manufacturing was the Arsenal of Democracy in World War II, and must be part of the Arsenal of American Prosperity today, helping fuel an economic recovery for working families. He does not buy for one second that the vitality of U.S. Biden believes that American workers can out-compete anyone, but their government needs to fight for them.īiden does not accept the defeatist view that the forces of automation and globalization render us helpless to retain well-paid union jobs and create more of them here in America.
#Joe all the things chords full#
Joe Biden will mobilize the talent, grit, and innovation of the American people and the full power of the federal government to bolster American industrial and technological strength and ensure the future is “made in all of America” by all of America’s workers.
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