HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Biden proposes $700 billi...

Thu Jul 9, 2020, 07:17 AM

Biden proposes $700 billion-plus 'Buy American' campaign

Source: Associated Press

Launching an economic pitch expected to anchor his fall presidential campaign, Democratic candidate Joe Biden is proposing sweeping new uses of the federal government’s regulatory and spending power to bolster U.S. manufacturing and technology firms.

Biden calls for a $400 billion, four-year increase in government purchasing of U.S.-based goods and services plus $300 billion in new research and development in U.S. technology concerns. Among other policies expected to be announced Thursday, he proposes tightening current “Buy American” laws that are intended to benefit U.S. firms but can be easily circumvented by government agencies.

An outline released by Biden’s campaign also touts his long-standing promises to strengthen workers’ collective bargaining rights and repeal Republican-backed tax breaks for U.S. corporations that move jobs overseas.

“This will be the largest mobilization of public investments in procurement, infrastructure and (research and development) since World War II,” senior adviser Jake Sullivan told The Associated Press, with the campaign promising additionally that Biden would require that effort in domestic markets before negotiating any new international trade deals.



Read more: https://apnews.com/445168c13f468a4cebc1a644ca7b8432

8 replies, 1257 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 8 replies Author Time Post
Reply Biden proposes $700 billion-plus 'Buy American' campaign (Original post)
mucifer Jul 9 OP
soothsayer Jul 9 #1
Squinch Jul 9 #2
Iliyah Jul 9 #3
keithbvadu2 Jul 9 #4
mucifer Jul 9 #5
DeminPennswoods Jul 9 #6
1plus1equals1 Jul 9 #7
Bayard Jul 9 #8

Response to mucifer (Original post)

Thu Jul 9, 2020, 07:24 AM

1. Like it

Reply to this post

Back to top Alert abuse Link here Permalink


Response to mucifer (Original post)

Thu Jul 9, 2020, 07:37 AM

2. He needs to add a large tax increase on the rich and on corporations.

By large, I mean make them pay the same percentage I pay.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to mucifer (Original post)

Thu Jul 9, 2020, 07:43 AM

3. "Made in America" . . .

I could imagine tons of jobs with benefits abound and would help keep America healthy in jobs, health, wealth and retirement.

Everything the republicans hate.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to mucifer (Original post)

Thu Jul 9, 2020, 08:33 AM

4. Are we still waiting for the Trump family to move their own product manufacturing to America?

Are we still waiting for the Trump family to move their own product manufacturing to America?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to keithbvadu2 (Reply #4)

Thu Jul 9, 2020, 08:36 AM

5. Letterman March 2016 in his face about it:

Reply to this post

Back to top Alert abuse Link here Permalink


Response to mucifer (Original post)

Thu Jul 9, 2020, 08:50 AM

6. Biden will be handed an extraordinary opportunity

to make transformative change in America. I am saying FDR/LBJ level change.

I hope he, his VP, his staff and cabinet are set to hit the ground the running at NOON on Jan 20th.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to mucifer (Original post)

Thu Jul 9, 2020, 09:20 AM

7. Made in America Labels

Anyone remember the Made in America labels? How about the advertisements telling Americans to "look for the Made in America label" when shopping for goods? I remember! I also remember walking into a box chain store and seeing the last rack of clothing that had a Made in America sign on it. I have always been against the take over of corporate entities and now, hopefully, our elected officials will finally get it; business is about people and not making billions for a few stock holders. The largest job creates are small businesses, not the rich. So, I challenge any of us Baby Boomer, Generation Xers (we) to explain how our children and grandchildren how they will survive in their latter years as we benefit from their efforts; based on what I know about our benefactors I'm sure their response will be enlightening. We have allowed our government to build an environment where the one percent benefit from the fruits of the 99 percent and now, maybe, Fat Donnie has given us one lesson we can benefit from...it's time to change or face the end of humanity. The choice belongs to the many and not the few.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to 1plus1equals1 (Reply #7)

Thu Jul 9, 2020, 11:43 AM

8. Well-said, and welcome to DU!

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread