(Slay News) – President Joe Biden gave up the game and admitted way too much today in an angry and boring (what a combination) speech at AFL-CIO’s convention in Philadelphia. Biden tried to defend his dismal record but he let slip the ugly truth in the process. (See video below)
Biden was warned it was reckless to give out free money and that it would backfire on America and cause inflation. He was also warned it would backfire politically because the money would run out right before the midterms making people blame Biden and the Dems for their reversal of fortunes.
Why did Biden do it? He has always been a lightweight politician able to do photo ops eating ice cream and little else. But he thinks he is more talented than both Trump and Obama. And he thinks he is meeting the moment as President despite the world falling into chaos around him.
Talk about deluded. Biden said today, “I don’t want to hear anymore of these lies about reckless spending. We’re changing people’s lives.”
He is changing people’s lives, by making them worse, and that he has no clue about the difference is troubling.
Traqnscript from CSPAN:
HELLO, AFL-CIO. [APPLAUSE] YOUR LABOR UNION. MAKES A DIFFERENCE. [APPLAUSE] GOOD TO BE HOME. [APPLAUSE] AS THEY SAY AND CLERMONT, YOU ALL BROUGHT ME TO THE DANCE. THANK YOU.
PLEASE, PLEASE, HAVE A SEAT IF THERE IS ONE. YOU ARE A GIGANTIC REASON WHY I AM STANDING HERE, STANDING HERE TODAY AS YOUR PRESIDENT. I REALLY MEAN IT. I OWE YOU FROM THE VERY BEGINNING OF MY RUNNING FOR OFFICE BACK WHEN I WAS A KID, IT WAS LABOR UNIONS MADE A DIFFERENCE.
AT THE TIME WE WERE — WE CHANGE THAT, TOO. I HAVE NEVER FORGOTTEN NOT ONLY WHAT YOU DONE FOR ME BUT HOW IMPORTANTLY IT MEANT TO ME AND TO THE COUNTRY, TO OUR COUNTRY, WHAT YOU HAVE DONE FOR THE COUNTRY.
AND I WANT TO THANK LIZ FOR BEING SUCH A GOOD FRIEND FOR SO LONG, THE FIRST WOMAN TO LEAD THE AFL-CIO. [APPLAUSE] BORN OF A UNION HOUSEHOLD, STARTED OUT AS AN ORGANIZER. SHE NEVER STOPPED.
CONGRATULATIONS, LIZ, CONGRATULATIONS. CONGRATULATIONS TO FRED, SECRETARY TREASURY AS WELL. [APPLAUSE] I HOPE YOUR DAUGHTER-IN-LAW KNOWS SHE’S IN MARRYING INTO A UNION FAMILY. ANYWAY, LOOK, I KNOW THIS IS BITTERSWEET FOR ALL OF US. THIS IS A FIRST CONVENTION WITHOUT RICH.
HE LITERALLY WAS A CLOSE FRIEND TO ME AND TO SO MANY OF YOU, A TRUE FRIEND, PARTICULARLY THAT WHEN THINGS WERE NOT GOING WELCOME HE WAS ALWAYS THERE. ABOVE ALL HE WAS AN AMERICAN WORKER.
NO MATTER HOW HIGH HE ROSE TO THE RANKS HE NEVER FORGOT WHERE HE CAME FROM. WE USE FOR IN ALL THE TIME, NEVER FORGET WHERE YOU CAME FROM. HE NEVER FORGOT WHERE HE CAME FROM OR WHAT THIS WORK IS ALL ABOUT. YOU KNOW, , BEFORE RICH PAST HE GAVE ME — [APPLAUSE] HE GAVE ME THE HIGHEST COMPLIMENT THAT I’VE EVER GOTTEN IN MY LIFE, AND I MEAN IT SINCERELY. HE CALLED ME WHAT YOUR PRESIDENT JESTED, THE MOST PRO-UNION PRESIDENT IN HISTORY.
I PROMISED YOU I WOULD BE AND I COMMIT TO YOU AS LONG AS I HAVE THIS JOB I WILL REMAIN THAT. [APPLAUSE] FOLKS — [APPLAUSE] THANK YOU.
I’VE GOT TO TELL YOU NOTHING MADE ME PROUDER THAN THAT. THAT’S WHY I MADE THIS COUNTRY AND MAKE SURE WE PUT A FORMER JUNIOR PRESENT IN, SECRETARY OF LABOR. [APPLAUSE] MARTIE WALSH. MARTY. IS GOING TO LEARN HOW TO SPEAK ENGLISH BUT HE’S REAL.
[LAUGHING] I KID YOU ALL THE TIME. I’M JOKING. HE KNOWS WHAT HE’S DOING.
MARTY WAS HERE YESTERDAY AND IS DOING A HELL OF A JOB BUT HE FIGHTS LIKE HELL FOR US ALL.
BY THE WAY , THEY’VE ALL BEEN THERE WHEN THE VOTES WERE TOUGH . THE VOTES WERE TOUGH TO STAY WITH YOU, THEY WERE THERE AND THEIR GREAT CHAMPIONS OF THE UNIONS AND STACY ABRAMS IS HERE AS WELL. I’M GOING TO ASK YOU ALL A FAVOR.
HELP HER IN GEORGIA . STACY ABRAMS IN GEORGIA . [APPLAUSE] THERE’S THREE THINGS I LEARNED ABOUT EARLY ON .
ONE, SHE’S LOYAL .
TWO, SHE’S CAPABLE .
THREE, SHE’S SMARTER THAN YOU SO PLEASE HELP HER OUT.
AND FOLKS ASKED TO ALL OF YOU COMING ALONG AND WE’VE COME A LONG WAY IN A SHORT TIME .
YOU REMEMBER WHAT OUR ECONOMY WAS LIKE, WHAT IT LOOKED LIKE BEFORE WE TOOK OFFICE ? 3000 AMERICANS DIE EVERY DAY FROM COVID .
20 MILLION AMERICANS HAVE LOST THEIR JOBS UNDER THE LAST GUY .
SO MANY LOST THEIR JOBS MY PREDECESSOR BECAME THE SECOND PRESIDENT IN HISTORY TO LEAVE OFFICE WITH FEWER JOBS IN AMERICA AND WHEN HE TOOK OFFICE BUT YOU STEPPED UP .
THE OTHER ONE BY THE WAY WAS HERBERT HOOVER AND JUST REMEMBER , REMEMBER THOSE LONG LINES OF CARS EDGING MILES BACK WAITING FOR A BOX OF FOOD TO BE PUT BACK IN THE TRUCK. WASN’T JUST PORTABLE.
IT WAS MIDDLE-CLASS FOLKS. ALL LOT OF PRETTY NICE CARS IN THOSE LINES .
AND WHILE IT WAS GOING ON AMERICANS CREATED MORE THAN MORE BILLIONAIRES DURING THAT CRISIS IN 2020.
BEEN A YEAR IN HISTORY.
TALK ABOUT A CONTRAST .
ORDINARY PEOPLE GETTING WAITING IN LINE FOR AN HOUR FOR A BOX OF FOOD .
AND THE POLICIES OF THE PAST CREATED MORE BILLIONAIRES EVER IN AMERICAN HISTORY .
FOLKS IT’S HARD TO BELIEVE BUT IT’S TRUE.
THAT’S WHAT WE INHERITED .
AND THAT’S WITH YOUR HELP WE WENT TO WORK.
BUT THAT’S ICONIC VISION FROM SCRANTON PENNSYLVANIA HARD-WORKING TOWNS LIKE ALL ACROSS AMERICA , NOT DOWN FROM WALL STREET.
WALL STREET DIDN’T BUILD THIS COUNTRY. MIDDLE-CLASS BUILT THIS COUNTRY AND THE UNIONS BUILT THE MIDDLE CLASS.
I’M NOT JOKING. WITHOUT UNIONS THERE BE NO MIDDLE-CLASS .
THAT’S A FACT. AND BY THE WAY, THERE’S A REASON YOU’RE THE BEST TRAINED WORKERS IN THE WORLD.
THAT’S NOT HYPERBOLE. WHEN YOU DO WELL, EVERYBODY DOES WELL .
YOU KNOW, AND INVESTMENT BANKERS,THEY’RE NOT ALL BAD GUYS, BUT IF THEY WENT ON STRIKE NOT ALL HELP A LOT WHAT HAPPENED BUT GUESS WHAT? I TELL THIS TO MY BUDDIES.
IF THE IBEW WENT ON STRIKE EVERYTHING SHUTS DOWN.
ALL OF YOU, GO DOWN THE ROAD . I’M SERIOUS.
YOU GUYS DON’T UNDERSTAND. I DON’T THINK YOU APPRECIATE HOW CRITICALLY IMPORTANT YOU ARE .
I’M NOT TRYING TO BE NICE TO YOU, IT’S JUST A FACT .
FOR, WE NEED AN ECONOMY BUILT FROM THE MIDDLE OUT IN THE BOTTOM UP, NOT THE TOP DOWN BECAUSE I KNOW WHAT THE MIDDLE-CLASS DOES, WHAT THE WEALTHY DO VERY WELL.
THERE NEVER HEARD BUT I ALSO KNOW TOO OFTEN WE HAD AN ECONOMY WHERE THE WEALTHY DO BETTER AND BETTER WHILE THE MIDDLE CLASS GETS LEFT BEHIND SO WE WENT TO WORK TO CHANGE THAT .
WE STARTED WITH THE AMERICAN RESCUE PLAN .
41 MILLION PEOPLE PUT FOOD ON THEIR TABLE . THEY HAVE TROUBLE PUTTING FOOD ON THEIR TABLE .
PUT MONEY IN THE POCKETS OF HARD-WORKING AMERICANS WHO ARE IN TROUBLE , BEING THROWN OUT IN THE STREET BECAUSE THEY COULDN’T PAY THEIR RENT .
THROUGH NO FAULT OF THEIR OWN .
IT GAVE THEM WHAT MY DAD USED TO CALL JUST A LITTLE BIT OF BREATHING ROOM .
THE NEXT STEP WAS A BIPARTISAN INFRASTRUCTURE LAW AND NOT ONLY IS IT INFRASTRUCTURE WEEK , WE ARRIVED AT AN INFRASTRUCTURE DECADE .
[APPLAUSE] AND PEOPLE ARE GOING TO SEE A LOT OF THEM. WE’VE GOT TO REMIND THEM WHERE IT’S COMING FROM.
WE ANNOUNCED $3 BILLION THIS YEAR TO IMPROVE MORE THAN 3000 AIRPORTS ACROSS 50 STATES THIS YEAR.
THIS YEAR WE ANNOUNCED 5 BILLION SO UNION WORKERS COULD GET TO WORK BUILDING A NATIONAL NETWORK OF ELECTRIC VEHICLE CHARGING STATIONS .
WE ANNOUNCED THE LARGEST INVESTMENT OF PUBLIC TRANSIT IN AMERICAN HISTORY, MORE THAN THE ENTIRE AMTRAK SYSTEM . $20.5 BILLION .
[APPLAUSE] AND THE PEOPLE WE COME FROM LIKE WHEN PRESIDENT OBAMA USED TO GIVE ME THE GOOD ASSIGNMENTS.
I REMEMBER ONE DAY WALKING IN AND HE SAID JOE, FIX DETROIT. OKAY, NO PROBLEM. YOU THINK I’M KIDDING .
I DIDN’T REALIZE I DIDN’T KNOW A LOT ABOUT THE CITIES.
WHEN I LIVED IN DETROIT THE VAST MAJORITY OF THE PEOPLE THAT LIVE IN THE CITIES THEIR JOBS ARE OUT OF TOWN BECAUSE THEY’RE NOT DOING MANUFACTURING IN TOWN ANYMORE.
Biden: "I don't want to hear anymore of these lies about reckless spending. We're changing people's lives." pic.twitter.com/4c3u6V3Rg4
— Greg Price (@greg_price11) June 14, 2022
OUT OF TOWN .
SO WE GOT A RAIL SYSTEM FOR THEM AND A POSTAL SYSTEM .
IT’S GOING TO CREATE MORE JOBS USING PRODUCTS MADE IN AMERICA AND FOLKS, IT’S ALSO GOING TO REDUCE POLLUTION.
WHILE IT’S MAKING SAFER AND SAFER FULL FOR FOLKS TO GET TO WORK EVERY DAY.
BUT WHAT ALL THIS MEANS FOR ALL OF YOU IS A SIMPLE PROPOSITION AND I REMEMBER HAVING THIS DISCUSSION OLD MONEY.
WHEN I THINK GLOBAL WARMING, I THINK JOBS. GOOD PAYING UNION JOBS. JOBS YOU CAN RAISE A FAMILY ON . JOBS THAT CAN’T BE OUTSOURCED .
LOOK, THE INFRASTRUCTURE LAW IS ABOUT MORE THAN REBUILDING OUR INFRASTRUCTURE . IT’S ABOUT REBUILDING THE MIDDLE-CLASS AND THAT’S WHY WE MADE SURE THE LAW INCLUDED SIGNIFICANT LABOR PROTECTIONS . FOR EXAMPLE AN OVERWHELMING MAJORITY OF THE FUNDS ARE SUBJECT TO REQUIREMENTS. UNION MEMBERS HAVE TO DO IT . [APPLAUSE] AND IT’S NOT JUST YOU DON’T WANT TO HELP UNIONS, IT’S SIMPLE .
THEY’RE THE BEST IN THE WORLD. IF YOU’RE GOING TO BUILD INFRASTRUCTURE WE SHOULD HAVE WHAT I ALWAYS FIND WE DON’T TALK ENOUGH ABOUT AND I’M NOT GOING TO TAKE YOUR TIME TODAY YOU KNOW, YOU DON’T JUST DECIDE YOU WANT TO BE A PIPE FITTER OR AN ELECTRICIAN OR WHATEVER ELSE YOU WANT TO PICK . TAKES YOU FOR FIVE YEARS . ARTWORK LIKE GOING TO COLLEGE. FORTUNATELY YOU HAVE THESE UNION PAID TO DO SOME OF IT. BUT MY POINT IS PEOPLE DON’T REALIZE EVERY PLACE I GO AND YOU HEARD ME DO IT IN CHAMBERS OF COMMERCE . THE BEST TRAINED WORKERS IN THE WORLD SO FOLKS REBUILDING OUR COUNTRY WILL EARN A PREVAILING WAGE AND IT SHOULD. ANOTHER THING WITH THE LAW DOES HELP EXPAND REGISTERED APPRENTICESHIPS .
REMEMBER WHEN THE BUSINESS SAID WE WILL TAKE CARE OF THE APPRENTICESHIPS .LESS ME FATHER FOR I HAVE SINNED. COME ON. [APPLAUSE] UNION PARTNERSHIPS ALLOW WORKERS TO EARN WHILE THEY LEARN . THAT MATTERS. BECAUSE LAYING A STRONG FOUNDATION FOR THE HISTORY IS ABOUT MORE THAN HAVING STRONG ROADS AND BRIDGES . IT’S ABOUT MAKING SURE THAT HERE IN AMERICA. FOLKS WHO WORK HARD CAN LIVE THEIR LIVES IN DIGNITY AND RESPECT . THAT’S WHY I CONTINUE TO CALL ON CONGRESS TO FINALLY PASS THE PRO-ACT. WHICH WILL MAKE IT EASIER FOR WORKERS TO ORGANIZE .
[APPLAUSE] YOU KNOW, WHEN FRANKLIN ROOSEVELT PASSED THE NLRB HE DIDN’T SAY YOU CAN’T HAVE UNIONS . IT SAID WE SHOULD ENCOURAGE UNIONS . THAT’S WHAT THE NLRB SAYS . IT’S A BIG DIFFERENCE . AND LOOK, I’M NOT JUST SAYING THAT TO BE PROUNION. I’M SAYING IT BECAUSE I’M PRO-AMERICAN . FOLKS. [APPLAUSE] THAT’S THE APPROACH I’VE TAKEN TO BUILD THIS ECONOMY. AND WHAT HAS TO BE DONE , WHAT WE BROUGHT DOWN COVID DEATHS BY 90 PERCENT. OPEN TO SCHOOLS AND BUSINESSES THAT WERE SHUTTERED AND IT CREATED THE GREATEST JOB RECOVERY IN AMERICAN HISTORY .
WHAT PEOPLE DON’T WANT TO TALK ABOUT THESE DAYS BUT IT’S TRUE. WE’VE CREATED b,8.7 MILLIONJOBS IN 16 MONTHS , AN ALL-TIME RECORD . AND EVEN LAST MONTH 390,000 JOBS AND 600,000 NEW MANUFACTURING JOBS . THEY SAID MANUFACTURING IS DEAD IN AMERICA . LOOK FOLKS , OUR UNEMPLOYMENT RATE IS NEAR HISTORIC CLOTHES .
THE 3.7 PERCENT, MILLIONS OF AMERICANS ARE LEAVING, I LOVE THESE GUYS TALKING ABOUT ONE OF THESE GUYS LEFT MY EMPLOYMENT AND WENT TO ANOTHER JOB . BECAUSE HE GOT PAID MORE. ISN’T THAT AWFUL? DIDN’T ISN’T THAT A SHAME THAT GOT TO COMPETE FOR LABOR. BETTER PAYING JOBS. FOR BETTER JOBS FOR THEM AND THEIR FAMILIES. SO IT’S BEEN A LONG TIME SINCE THAT HAPPENED IN THIS COUNTRY BUT IT’S HAPPENING NOW AND IT’S WORKING . SINCE I TOOK OFFICE FAMILIES ARE CARRYING LESS DEBT NATIONWIDE . THEY HAVE MORE SAVINGS NATIONWIDE . MORE AMERICANS APPLY FOR NEW SMALL BUSINESSES LAST YEAR THAN EVER BEFORE IN AMERICAN HISTORY . 5.4 MILLION NEW SMALL BUSINESS APPLICATIONS . JOBS AND COMPANIES ARE COMING HOME AGAIN .
WE’RE MAKING BY AMERICAN UNREALITY NOT JUST A SLOGAN. I AWARD NO CONTRACTS FROM THE FEDERAL GOVERNMENT BECAUSE THEY CAN PROVE THEY BOUGHT IT IN AMERICA . AND BY THE WAY , REPUBLICANS LIKE TO PORTRAY ME AS SOME KIND OF BIG SPENDER . WE HAVE SPENT A LOT OF MONEY BUT LET’S COMPARE THE FACTS . UNDER MY PREDECESSOR THE DEFICIT EXPLODED . RAISING EVERY SINGLE YEAR . AND ALL THE BENEFITS GOING TO THE TOP ONE PERCENT BASICALLY. UNDER MY PLAN LAST YEAR, WE CUT THE DEFICIT BY 350 BILLION DOLLARS. [APPLAUSE] YOU KNOW I TALK ABOUT BIDEN WANTS TO SPEND MORE ON SCHOOLS, GUESS WHAT . IS GOING TO CREATE A DEFICIT . LADIES AND GENTLEMEN, THIS YEAR BY THE END OF THE FISCAL YEAR WE WILL HAVE CUT THE FEDERAL DEFICIT BY ANOTHER $1.6 TRILLION IN ONE YEAR. ONE YEAR. SO WHEN THEY COME TO YOU AND TALK ABOUT BIG SPENDERS LET THEM KNOW . ALMOST $2 TRILLION . AND DEFICIT REDUCTION . I DON’T WANT TO HEAR ANYMORE OF THESE LIES ABOUT RECKLESS SPENDING .
WE ARE CHANGING PEOPLE’S LIVES . [APPLAUSE]
AND BECAUSE OF THE FACT THIS YEAR WE’RE DELIVERING THE BIGGEST DROP IN DEFICIT IN THE HISTORY OF THE UNITED STATES IN AMERICA . [APPLAUSE] LOOK , THE POINT IS THIS . UNDER MY PLAN FOR THE ECONOMY WE MADE EXTRAORDINARY PROGRESS AND PUT AMERICA IN A POSITION TO TACKLE A WORLDWIDE PROBLEM THAT’S WORSE EVERYWHERE BUT HERE. INFLATION . IT’S SAPPING THE STRENGTH OF A LOT OF FAMILIES . I GREW UP IN A HOUSEHOLD NOT FAR FROM HERE IN WILMINGTON WHERE THE PRICE OF A GALLON OF GAS WENT UP IT WAS A CONVERSATION AROUND THE DINNER TABLE . IT MATTERED TO MY WORKING FAMILY.
IT MATTERED , THE PRICE OF FOOD WENT UP . THE PROBLEM IS REPUBLICANS IN CONGRESS ARE DOING EVERYTHING THEY CAN TO STOP MY PLANS TO BRING DOWN THE COST ON ORDINARY FAMILIES. THAT’S WHY MY PLAN IS NOT FINISHED AND WHY THE RESULTS ARE FINISHED EITHER. JOBS ARE BACK BUT PRICES ARE STILL TOO HIGH. COVID IS DOWN BUT GAS PRICES ARE UP . OUR WORK ISN’T DONE BUT HERE’S THE DEAL . AMERICA STILL HAS A CHOICE TO MAKE .
A CHOICE BETWEEN A GOVERNMENT BY THE VIEW FOR THE FEW OR A GOVERNMENT FOR ALL OF US . DEMOCRACY FOR ALL OF US AND AN ECONOMY WHERE ALL OF US HAVE A FAIR SHOT AND A CHANCE TO EARN OUR PLACE IN THE ECONOMY. MY PLAN IS SIMPLE. FIRST I’M DOING EVERYTHING IN MY POWER TO LOANS TO THINGS GAS HIKE. JUST SINCE HE INVADED UKRAINE IS ON DOLLARS 74 A GALLON . BECAUSE OF NOTHING ELSE BUT THAT. SO I HAVE A PLAN TO BRING DOWN THE PRICE OF GAS AND FOOD . IT’S GOING TO TAKE TIME BUT LET THE WORLD COORDINATE WHAT I’VE BEEN ABLE TO DO WHERE IT WAS THE LARGEST RELEASE OF OIL FROM THE GLOBAL FUND IN HISTORY.
1 MILLION BARRELS A DAY AND 240 MILLION BARRELS TO BOOST GLOBAL SUPPLY BUT I CONVINCED OTHER NATIONS TO JOIN US TO KEEP PRICES ON THE RISE, KEEPS THEM FROM RISING EVEN MORE AND I’M WORKING CLOSELY WITH OUR EUROPEAN PARTNERS TO GET 20 MILLION TONS OF GRAIN LOCKED IN UKRAINE OUT ONTO THE MARKET TO HELP BRING DOWN FOOD PRICES.
FOR, LOOK PUTIN’S WORK IS NOT ONLY TRYING TO WIPE OUT THE CULTURE OF UKRAINIANS AND DECIMATE PEOPLE WHO COMMIT IN THE ROLLABLE WAR CRIMES BUT IT’S ALSO, HE’S ALSO PREVENTED THE GRAIN . THOUSANDS OF TONS OF GRAIN LOCKED UP IN THOSE SILOS READY TO BE EXPORTED AND THEY CAN’T GET OUT THROUGH THE BLACK SEA BECAUSE DON’T GET BLOWN OUT OF THE WATER.
SO WE’RE WORKING ON A PLAN TO GET IT OUT THROUGH OTHER COUNTRIES BY RAIL BUT GUESS WHAT. UKRAINE HAS A SYSTEM LIKE RUSSIA HAS, A RAIL GAUGE DIFFERENT FROM THE GAUGE OF THE REST OF THE TRACKS IN EUROPE SO WE’RE GOING TO BUILD TEMPORARY SILOS IN THE BORDERS OF UKRAINE INCLUDING IN POLAND SO WE CAN TRANSFER IT FROM THOSE CARS INTO THOSE SILOS INTO CARS AND EUROPE AND GET IT OUT TO THE OCEAN AND GET IT ACROSS THE WORLD.
[APPLAUSE] BUT IT’S TAKEN TIME . SECOND WE WORK TO BRING DOWN GAS AND FOOD PRICES WE CAN SAVE FAMILIES MONEY AND OTHER ITEMS . WE CAN CHANGE THE DYNAMIC OF MIDDLE-CLASS FAMILIES.
LOOK, GIVE THEM A LITTLE BREATHING ROOM MY DAD SAID . IMAGINE WHAT MOST MIDDLE-CLASS AND WORKING-CLASS FAMILIES DO IS THEY LOOK AT THAT MONTHLY BILL THEY HAVE ON EVERYTHING . EITHER THE RENT OR THE MORTGAGE , THE COST OF MAINTAINING FOOD. EVERYTHING. SO PORTIONS OF THAT CO-OP , ONE OF THE WAYS TO DEAL WITH INFLATION IS BRING THE OTHER COSTS DOWN. FOR EXAMPLE 200,000 PEOPLE WITH TYPE I DIABETES ARE PAYING UP TO $1000 A MONTH FOR INSULIN . WE CAN MAKE SURE THEY PAY NO MORE THAN $35 A MONTH .
[APPLAUSE] BUYBACK AND BY THE WAY, DRUG COMPANIES ARE STILL DOING VERY WELL. IT COST THEM 10 BUCKS TO THE LOVE THAT INSULIN SO THEY’RE MAKING THREE TIMES THE COST . THAT PLAN GIVES MEDICARE THE POWER TO NEGOTIATE WITH PHARMACEUTICAL COMPANIES LIKE THE VETERANS ADMINISTRATION DOES.
BRING DOWN THE AVERAGE COST OF PRESCRIPTION DRUGS IS A GIGANTIC WAY , IT REALLY DOES. IT AFFECTS THE TOTAL AMOUNT OF MONEY YOU’VE GOT TO WRITE OUT OF THAT CHECKBOOK . FOR GASES UP AND FOOD IS UP COME HELL OR HIGH WATER BUT THERE’S OTHER THINGS WE CAN DO. BEYOND GETTING THE PRICE OF INSULIN DOWN TO $35 A MONTH. IMAGINE THE DIFFERENCE IT CAN MAKE . IMAGINE THE DIFFERENCE IT CAN MAKE IF YOU HAD OTHER THINGS I’M PROPOSING.
IMAGINE IF YOU’RE IN A SITUATION WHERE YOU’RE GOING TO BE ABLE TO BE IN A POSITION WHERE YOU PAY FOR PRESCHOOL FOR KIDS THAT ARE THREE AND FOUR YEARS OLD. INCREASING EXPONENTIALLY THEIR POSSIBILITY OF GOING UP NO MATTER WHAT KIND OF FAMILY THEY COME FROM. TO RAISE THE STANDARD FOR PEOPLE. IMAGINE WHAT WE COULD DO FOR CHILD CARE. AND IN A CITY LIKE PHILADELPHIA AND NEW YORK, THE BIG CITY OF CHICAGO AND COSTS TO $12-$14 A MONTH FOR CHILD CARE. THERE THEY SHOULDN’T HAVE TO PAY MORE THAN SEVEN PERCENT OF THEIR INCOME. WE CAN EASILY AFFORD TO DO IT .
WE CAN DO THE SAME THING … [APPLAUSE] BUT THINK HOW THAT WOULD CHANGE THE FAMILIES THAT YOU REPRESENT ? THINK HOW IT WOULD CHANGE THE CIRCUMSTANCES FOR WORKING-CLASS PEOPLE . AND BY THE WAY WE COULD DO THE SAME THING WITH UTILITY BILLS . CONGRESS PASSES THE CLEAN INVESTMENTS I PROPOSE THINGS LIKE TAX CREDIT FOR BUSINESS TO PRODUCE CLEANER ENERGY . TAX CUTS FOR FAMILIES THAT MAKE THEIR HOMES MORE ENERGY EFFICIENT WHICH IS THE WAY IT WOULD MEAN A LOT MORE JOBS BY THE WAY FOR SOME FOLKS IN THE ROOM .
I’VE MET WITH A DOZEN LARGE CEOS OF THE LARGEST 12 UTILITY COMPANIES IN AMERICA. THEY SAID IF YOU PASS THAT TAX CUT, THAT TAX CREDIT FOR MODERNIZING THE HOMES AND WENT WENT ARISING WE WILL GUARANTEE WE WILL IMMEDIATELY LOWER THAN AVERAGE COST OF ENERGY $500 A YEAR FOR THE AVERAGE FAMILY . THAT WOULD HELP A LOT . AND IN THE LONG RUN IT WOULD HELP MAKE AMERICA ENERGY INDEPENDENT SO IN THE FUTURE AMERICAN FAMILIES NO LONGER ARE SUBJECTED TO THE WHIMS OF DICTATORS HALFWAY AROUND THE WORLD . WE’VE LAID OUT CONCRETE PLANS FOR FAMILIES TO SAVE MONEY. NOT ONLY ON PRESCRIPTION DRUGS AND UTILITY BILLS BUT ON RENT AND MORTGAGE COSTS , ICY INTERNET .
YOU GUYS OUT THERE ARE GOING TO BE PUTTING IN HIGH SPEED AND WE’VE ALREADY GOT THE MONEY FOR IT . WHEN YOU GET IT DONE IT’S GOING TO LOWER THE COST OF HIGH-SPEED INTERNET FOR EVERY FAMILY IN AMERICA BY 30 BUCKS A MONTH .
THAT’S A LOT OF MONEY . IS A LOT OF JOBS. LOOK , WE CAN DO ALL THIS . I’M ASKING , ALL I’M ASKING IS FOR THE LARGEST CORPORATIONS AND WEALTHIEST AMERICANS TO BEGIN TO PAY THEIR FAIR SHARE IN TAXES . I’M DEADLY EARNEST . ANYBODY OUT THERE THINK THAT TAX SYSTEM IS FAIR, RAISE YOUR HAND . LOOK, UNDER MY PLAN I MADE THIS COMMITMENT AT THE BEGINNING AND NOTHINGS CHANGED . NO ONE MAKING LESS THAN $400,000 YEAR WILL PAY A SINGLE SOLITARY ANYMORE IN FEDERAL TAXES . NO WAY. WILL NO LONGER HAVE A SITUATION WHERE 55 OF THE LARGEST 500 COMPANIES MADE $40 BILLION EACH YEAR THE LAST TWO YEARS AND PAID ZERO IN FEDERAL INCOME TAX ON THAT PROPERTY. 40 BILLION .
IT’S A FACT. I KNOW IT SOUNDS LIKE, I’LL GIVE YOU MY WORD, IN FACT . THE FACT IS WE GOT ABOUT ROUGHLY 790 OR SO BILLIONAIRES IN AMERICA . YOU KNOW WHAT THEIR AVERAGE TAX RATE IS FOR BILLIONAIRES ? YOU CAN CHECK IT OUT . EIGHT PERCENT. THE TAX RATE FOR ALL OF YOU IS SIGNIFICANTLY HIGHER .
2 TO 3 TO 4 TIMES HIGHER. TAX RATES . I SAY IT AGAIN, 80 PERCENT IN TAXES . ANYBODY IN THIS ROOM WHO THINKS THAT I KNOW YOU DON’T THINK IT’S FAIR BUT WE’VE GOT TO DO SOMETHING ABOUT AND BY THE WAY IS NOT JUST LABOR , ORGANIZED LABOR, UNIONS AND DEMOCRATS WHO THINK THAT THE AVERAGE REPUBLICAN KNOWS IT’S NOT FAIR THAT SOME MOM AND DAD OUT THERE. THEY KNOW IT’S NOT FAIR.
I HAPPEN TO BELIEVE BILLIONAIRES SHOULD BE PAYING A LOWER TAX RATE THAN A TEACHER, FIREFIGHTER, ELECTRICIAN OR A COP . [APPLAUSE] REPUBLICANS HAVE IT ALL BACKWARDS . THEIR PLAN LITERALLY CALLS FOR INCREASING TAXES ON THE MIDDLE CLASS AND WORKING PEOPLE AND CUTTING TAXES ON WEALTHY AMERICANS. AND I’M NOT TALKING ABOUT PUNISHING ANYONE .
JUST A YOUR FAIR SHARE. IT’S A MATTER OF DECENCY, A MATTER OF DIGNITY . AS A MATTER OF THIS OLD RESPONSIBILITY . LOOK, I BELIEVE IN BIPARTISANSHIP BUT I HAVE NO ILLUSIONS ABOUT THIS REPUBLICAN PARTY . I’VE BEEN ABLE TO BRING SOME REPUBLICANS ALONG ON PARTS OF MY PLAN THE FACT IS REPUBLICANS IN CONGRESS ARE STILL IN THE GRIP OF THE ULTRA MAGA AGENDA AND THEY REFUSE TO CONSIDER CHANGING ANY PART OF THE TRUMP TAX CUTS WHICH DELIVERED WINDFALLS TO BILLIONAIRES AND OTHERS THEY WERE PAID FOR . THEY STILL REFUSE TO CONSIDER A MINIMUM CORPORATE TAX 50 PERCENT MINIMUM TAX .
THEY SEEM TO THINK THAT THE PROBLEM IN AMERICA TODAY IS THE WORKING FAMILIES ARE PAYING ENOUGH . CONGRESSIONAL REPUBLICANS SENATOR RICK SCOTT OF FLORIDA AS MY MOTHER WOULD SAY , , LAID OUT A PLAN. I THINK YOU HAVE IT ON YOUR DESKS . I TOOK ONE PAGE OF THAT PLAN . THIS IS PUBLISHED . IT SAYS , THIS IS ONE OF THEIR IDEAS.ALL FEDERAL LEGISLATION SUNSETS IN FIVE YEARS. IT’S IF THE LAW IS WORTH KEEPING , CONGRESS COULD PASS IT AGAIN . GUESS WHAT THAT IS . SOCIAL SECURITY . NOT A JOKE. SOCIAL SECURITY. MEDICARE. MEDICAID .
EVERY, THAT’S NOT A JOKE . EVERY FIVE YEARS PUTTING IN THE CHOPPING BLOCK. EVERY FIVE YEARS . IF IT’S NOT REINSTATED , BY A VOTE IN THE SENATE OF 60 OR MORE GUESS WHAT? IT AUTOMATICALLY GOES INTO EXISTENCE, THAT’S WHAT THEY’RE PROPOSING . THE CONGRESS UNLESS THEY ARE RELATIVELY VOTE TO BRING IT BACK INTO EXISTENCE, THINK ABOUT THAT . SOCIAL SECURITY YOU PAID FOR YOUR WHOLE LIFE . MEDICARE . MEDICAID. NOT A JOKE. ASK YOURSELF HOW ARE THEY GOING TO SLEEP AT NIGHT KNOWING EVERY FIVE YEARS 10 CRUZ AND OTHER ULTRA MAGA REPUBLICANS WILL VOTE ON WHETHER YOU HAVE MEDICAID . IT’S UNLIKELY THEY’LL WIPE IT OUT BUT DOES ANYONE DOUBT FOR A SECOND THOUGH FIND WAYS OF PROGRAMS TO KEEP ANYTHING GOING? THAT’S WHAT THIS IS ABOUT. THEY ALWAYS WANTED TO CUT SOCIAL SECURITY . THEY’VE ALWAYS WANTED TO CUT MEDICARE. THEY ALWAYS WANTED TO CUT MEDICAID BUT IF YOU HAVE TO START FROM SCRATCH THE GENTLEMAN FROM WISCONSIN RON JOHNSON IS BACK AT IT AGAIN TRYING TO DISMANTLE THE AFFORDABLE CARE ACT . INCLUDING HIS PROTECTION FOR PRE-EXISTING CONDITIONS .
100 MILLION PEOPLE HAVE PRE-EXISTING CONDITIONS.THE ONLY REASON INSURANCE COMPANY HAD TO COVER IT IS TO COVER THAT LAW . AND THEY’RE NEVER GOING TO STOP GOING AFTER IT . SO NOW WITH THE PLAN OF SENATOR SCOTT TRYING TO WALK BACK BUT IT’S CLEAR THE LAST THING THEY WANT TO SEE IS WORKERS OF POWER IN THIS COUNTRY. THE BOTTOM LINE IS THIS . I TRULY BELIEVE WE’VE MADE EXTRAORDINARY PROGRESS BY LAYING A FOUNDATION FOR OUR ECONOMY BECOMES CLEAR ONCE GLOBAL INFLATION BEGINS TO RECEIVE . THERE’S SO MUCH SAY . BUT THE TRUTH IS I’VE NEVER BEEN MORE OPTIMISTIC ABOUT AMERICA THAT I AM TODAY AND I NEED . I TRAVEL THE WORLD TRYING TO PUT THINGS BACK TOGETHER. TRUMP DID NOT LEAVE A VERY GOOD SITUATION .YOU THINK I’M KIDDING. NO MATTER WHERE I GO IN THE WORLD WHETHER IT WAS THAT INTER-AMERICAN CONFERENCE WE JUST ADD IN THIS HEMISPHERE OR NATO OR DEALING WITH THE OZZIE ON COUNTRIES OR THE FAR EAST .
GUESS WHAT ? THEY LOOK AT ME AND I SAY AMERICA IS BACK AND THEY LOOK AT ME AND SAY FOR HOW LONG ? THIS IS AMERICA. WE CAN DO ANY DAMN NAME WE PUT OUR MINDS TO . AND GUESS WHAT ? WE’RE NOT GOING BACK TO THE FALSE PROMISES OF THE TRICKLE-DOWN ECONOMICS . WHERE GOING FORWARD . [APPLAUSE] I REALLY NEED THIS. I KNOW I’M CALLED A COCKEYED OPTIMIST BUT THIS IS BASED ON HISTORY . WHERE THE MOST UNIQUE COUNTRY IN THE WORLD . WE’RE ORGANIZED ON ONE NOTION TO EVERY OTHER COUNTRY IS BASED ON THE CITY, RELIGION, GEOGRAPHY BUT THE UNITED STATES IS BASED ON AN IDEA. THE ONLY COUNTRY IN THE WORLD BASED ON AN IDEA . THINK ABOUT IT. LOOK TO YOUR RIGHT, BUT YOUR LEFT . SEE IF EVERYBODY SHARES THE SAME BACKGROUNDS. WE ARE SO DIVERSE . WHY ARE WE DOING IT? BECAUSE WE SAY WE HOLD THESE TRUTHS TO BE SELF-EVIDENT THAT ALL MEN AND WOMEN ARE CREATED EQUAL AND ENDOWED BY THEIR CREATOR WITH CERTAIN UNALIENABLE RIGHTS .
LIFE, LIBERTY. WE’VE NEVER MET THE GOAL WE’VE NEVER LET THE ADMINISTRATION WALK AWAY FROM THAT GOAL AND IT GETS BETTER EVERY TIME WE PUSH . AND UNIONS , UNIONS ARE GOING TO PLAY A CRITICAL ROLE IN THE FUTURE . AMERICA’S ALWAYS COUNTED ON UNION WORKERS . GIVE US HALF A CHANCE. YOU HAVE NEVER EVER LEFT THE COUNTRY .
WE’RE COUNTING ON YOU AGAIN TO BUILD THIS COUNTRY FOR ALL OF US . HELP AN ECONOMY THAT WORKS FOR WORKING PEOPLE AND I PROMISE YOU I’M GOING TO KEEP FIGHTING FOR YOU. ARE YOU PREPARED TO FIGHT WITH ME ? LET’S TRY ALTOGETHER. LET’S CONTINUE TO GIVE WORKING FAMILIES A FIGHTING CHANCE . TAKE OUR CHALLENGES HEAD-ON AND KEEP BUILDING A BETTER AMERICA BECAUSE WE CAN DO IT. GOD BLESS YOU ALL AND MAY GOD PROTECT OUR TROOPS . WE CAN DO ANYTHING . THANK YOU.
slaynews.com/news/joe-biden-gets-angry-comes-clean-about-reckless-spending-i-dont-want-to-hear-anymore-of-these-lies-about-reckless-spending-were-changing-people/