President Biden: "We Still Have a Lot To Do"

President Biden: "We Still Have a Lot To Do"

According to the employment report published by the US Department of Labor, the unemployment rate was the lowest of the last 16 months in July. After the information, President Biden said that there is still a lot of work to end the pandemic and revive the economy.

In his speech, Biden also explained the paths to keep the reinvigoration of the economy sustainable after the Coronavirus pandemic.

These include tax credits that will be paid to families with children in the next ten days, providing resources for the safe reopening of the schools in the new school year, preventing the dispossession for those who were not able to pay their rent, providing more tax amnesty to small businesses, expanding the scope of the Affordable Care Act and decreasing the premiums to 40 percent, decreasing the prices and increasing the accessibility of medications.

President Biden stated that the economic stimulus package established after he has taken office is serving the purpose. The success is ongoing both in the economy and the fight against the Coronavirus pandemic.

President Biden also explained that thanks to the stimulus package, the number of Coronavirus tests and protective material have increased, enough vaccines for all Americans were purchased, and the most challenging task of logistics in the history of the US has been conducted, reminding that 220 million vaccination doses were completed in the first 100 days of his presidency.
He said that 190 million Americans had at least their first dose of the vaccination, and that meant 70 percent of adults, adding that 165 million Americans have been fully vaccinated.

President Biden repeated that it is the pandemic of the unvaccinated individuals from now on and once again called people into getting vaccinated. President Biden said billions of people in America and the rest of the world had been vaccinated, and none of them died from the vaccine itself. Announcing that approximately 400 people lose their lives because of the Delta variant each day in the United States, "This is a tragedy. This could be prevented with vaccinations," he added.

President Joe Biden also stated that 4,000 people died a day from Coronavirus seven months ago, and that number is 400 now, which shows the importance of the vaccination. President Biden remarked that the recovery in the labor market was possible thanks to the resources stimulus package has provided to the administration and added that in the last three months, 832,000 new employment areas were established on average, and this number was 50,000 in the previous three months of the previous administration.

"The latest data tells us that we still have to work a lot more for the fight against the Delta variant and economic improvement. We have to vaccinate more people," said President Biden.

Reminding that his administration has announced a set of rules for those who are not vaccinated to comply, President Biden said that if federal employees are not vaccinated, they will be tested once or twice a week from now on, they will be required to wear masks in the workplaces, apply social distance rules and not be allowed to go on business trips.  He also noted that further conditions would be added in the future.

"Wear a mask and go get vaccinated today. This way, we will not go through the economic hardships that we have faced during the earlier stages of a pandemic." Biden added.
 
Journalist, Ali Cinar

President Biden's $2.3 Trillion Infrastructure Plan

President Biden announced the first stage of the plan at an event held at a union training center in Pittsburgh. President Biden defined the massive program that will restructure the American infrastructure over the next eight years as a "once-in-a-generation investment."

According to the details announced by the White House, within the scope of this plan, hundreds of billions of dollars are allocated for the modernization and construction of roads, bridges, public transportation systems, schools, and other infrastructure fields.

The plan can both fix some of the damage caused to the economy by the Coronavirus epidemic and benefit primarily low-income employees.
It is stated that President Joe Biden's choice of Pittsburgh to announce the infrastructure plan has economic and political repercussions. 

It is stated that the infrastructure projects will be financed by the higher taxes that will be obtained from the companies and establishments. It is indicated that this situation may cause repercussions in the business circles and disrupt the attempts of the Biden administration to work with the Republican Congress members.

 President Joe Biden said, "91 companies on the Fortune 500 list, including Amazon, do not pay a single solitary penny in federal income tax." During his speech in which he unveiled the infrastructure plan, he said, "Wall Street didn't build this country. The middle class built this country. And unions built the middle class."

President Biden hopes that the infrastructure plan will be passed by Congress by the summer, which means he will rely on the fact that Democrats narrowly control both the House of Representatives and the Senate.
 
Package Details:
 
$621 billion for transportation infrastructure and resilience:
$580 billion for manufacturing; research and development; and job training:
$400 billion for the care economy:
$313 billion for schools and housing:
$111 billion for clean water:$100 billion for digital infrastructure
 
 
 
 

Journalist, Ali Cinar

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