It’s the Economy, stupid
After decades of trickle-down economy, which slashed tax rates for the wealthy and diminished public investment, offshoring jobs and factories and destroyed unions and the social safety net. President Biden
has written a playbook that grows the economy from middle out to the bottom. . .. . .
- delivering the strongest recovery in the world, and laying a strong foundation for years to come by:Investing in our
- infrastructure, manufacturing, scientific development, and communities that have been left behind after decades of neglect;Giving working families and the middle class the chance to get ahead by creating
- good jobs with family-sustaining wages
and by supporting unions;Lowering costs and giving smaller businesses a fair chance to compete.
- Over the last four years
- , we have made remarkable progress:
- Over 16 million jobs created–the most in a single presidential term in American history–with jobs created every single month;
- The lowest average unemployment rate of any administration in 50 years;
- A record 20 million new business applications;
- A doubling of union petitions;
- The smallest racial wealth gap in 20 years;
- More Americans with health insurance than ever before;
- The stock market at record highs and 401(k)s up;More than $1 trillion in announced private sector investments in clean energy and advanced manufacturing in America;Lowering inflation while supporting a strong labor market–with inflation down faster and lower than almost any other advanced economy, and
incomes up almost $4,000 more than prices01001010.01001010
