32.8 C
Dubai
Thursday, April 25, 2024
spot_img

World News | Biden says U.S. economy better equipped to grow than any economy ‘on Earth’

[ad_1]

U.S. President Joe Biden addresses Congress during his State of the Union address. (Image source – White House)

washington [US]Feb 8 (ANI): US President Joe Biden said in his State of the Union address on Tuesday (local time) that the US economy is “better than any country on earth” in its ability to deliver despite disruptions from Covid-19 and Russia. Growth President Vladimir Putin invaded Ukraine.

“The pandemic has disrupted our supply chains, and Putin’s unfair and brutal war in Ukraine has disrupted energy supplies and food supplies,” Biden said in his second State of the Union address Tuesday night at the Capitol.

Read also | Zoom began layoffs, laying off about 1,300 employees; CEO Eric Yuan took a 98% pay cut.

“But we are now in a better position than any country on the planet,” he said.

Biden said America’s democracy was in better shape than it was when he took office in 2021, shortly after supporters of Donald Trump stormed the Capitol in the Jan. 6 attack.

Read also | Earthquake in Turkey and Syria: The death toll exceeds 7,700 and more than 40,000 are injured after a powerful earthquake rocked both countries.

“Two years ago, democracy faced its greatest threat since the Civil War, and today, scarred as it is, our democracy remains steadfast,” he said.

According to excerpts released by the White House ahead of his speech, Biden spoke of “the story of America as one of progress and resilience.”

“We’re the only country that’s been in every crisis stronger than we’ve been going into it. That’s what we’re doing. Two years ago our economy was faltering. As I stand here tonight, we’ve created A record 12 million new jobs – more jobs created in two years than any president in four years. Two years ago, COVID shut down our businesses, closed our schools, and robbed us too Today, COVID no longer controls our lives. Two more years ago, our democracy faced the greatest threat since the Civil War. Today, scarred as it is, our democracy remains unstoppable,” he added.

Biden will deliver his first major speech in a divided Congress after Republicans took control of the House of Representatives. He urged Republican “friends” to cooperate with him.

“To my Republican friends, if we worked together in the last Congress, there’s no reason why we can’t work together in this new Congress. The people are sending us a clear message. Fight for the fight, fight for the power The conflict of power, conflict for conflict’s sake, is getting us nowhere. This has always been my vision for the country: Restoring the soul of the country, rebuilding the pillars of America: the middle class, uniting the country. We’re sent here Get the job done! ” He said.

Biden called on Republicans to work with him, denouncing Washington, D.C., for “fighting for the fight.”

“Republican friends, we can work together,” he said.

“We’re often told that Democrats or Republicans can’t work together. But over the past two years, we’ve proven the cynics and naysayers wrong,” he said, pointing to several laws that passed with bipartisan support.

In an early gesture of bipartisanship, Biden opened his speech by congratulating newly elected House Speaker Kevin McCarthy. The president also gave a nod to House Minority Leader Hakeem Jeffries, the House’s first black party leader.

Biden welcomed the progress in the fight against the coronavirus pandemic. Last month, he announced that his government would end the national emergency and public health emergency declarations in response to COVID in May.

“Today, COVID no longer controls our lives,” he said.

Biden called for limiting the price of insulin to $35 for all Americans after a law went into effect to cap the cost of Medicare, the health care plan for older Americans.

“Let’s get it done this time. Let’s limit the cost to … $35 a person. Big Pharma will still do a great job, I promise you,” he said.

Biden praised a bipartisan 2021 law that secured $1.2 trillion to revive the country’s infrastructure.

“In terms of infrastructure, modern infrastructure, we’ve dropped to 13th in the world — the United States of America, 13th in the world,” Biden said.

“But now we’re back because we came together and passed a bipartisan infrastructure law, the largest infrastructure investment since President Eisenhower’s Interstate Highway System.”

He also emphasized that the US economic plan should invest in forgotten places and people.

“In the last forty years of economic turmoil, too many people have been left behind or treated as invisible. Maybe that’s you watching at home. You remember the jobs that disappeared. You wonder if there are still One way for you and your kids to succeed without leaving. I get it. That’s why we’re building an economy that leaves no one behind. Work is on the way because of the choices we’ve made over the past two years Returning, Pride is returning. This is the blue collar blueprint for rebuilding America and actually changing your life,” according to his readout.

Biden has said the U.S. should lead the world in manufacturing after years of factory job losses.

“Where does it say America can’t lead the world and manufacturing? I don’t know where it’s written. For decades, we’ve imported products and exported jobs,” he told lawmakers.

“Now, thank you for all you’ve done. We’re exporting American products and creating American jobs.” (Arney)

(This is an unedited and auto-generated story from a Syndicated News feed, the content body may not have been modified or edited by LatestLY staff)


[ad_2]

Source link

Related Articles

Malaysia Tragic Collision: Navy Helicopter Disaster Claims 10 Lives

Malaysia Navy Helicopter Crash-Mid-Air Collision Claims 10 Lives Tragedy struck during a routine training session on Tuesday when two Malaysian military helicopters collided mid-air, claiming...

Veesham Printing Press – Pioneering Personalized Printing Solutions

In today's fast-paced and increasingly personalized world, where individuality reigns supreme, the demand for tailored printing solutions has never been higher. Enter Veesham Printing...

Aspire Education Academy: Empowering Futures through Multidisciplinary Training in the UAE

Aspire Education Academy in the UAE offers diverse training programs, focusing on career development and academic excellence. Accredited and internationally recognized, it provides a...

PM Modi Empowering Engagement: Leaves Indian Gaming Community Impressed with Playthrough of Video Game Inspired by Hindu Mythology.

PM Modi's Inspiring Engagement: Leaves Indian Gaming Community Enthralled with Playthrough of Video Game Inspired by Hindu Mythology In the wake of a groundbreaking rendezvous...

WHO Issues Warning on Human Cases of Bird Flu, Identifies Search for New Hosts

WHO Raises Alarm over Global Spread of H5N1 Bird Flu Pandemic In a stark warning, the World Health Organization (WHO) has sounded the alarm over...

Latest Articles