On February 7, U.S.A. President Joe Biden advocated encouraging a bottom-up economy. This is supported by U.S.-based manufacturing, market supply chains, better-empowered workers, etc. Biden encouraged to show better career pathways for students, provide job training to veterans, and routes to job opportunities for those without 4-year degrees. He equally touted protection from non-compete agreements, the right to organize, paid family and medical leave, and a living wage.
What Biden proposed
Joe Biden’s address touched on various workplace issues, from inflation to immigration reform and a low 3.4 percent unemployment rate. He stressed the importance of regaining supply chain strength. This is so that unfortunate events like COVID and Russia-Ukraine war would not leave U.S. manufacturers without options. Biden said that they could not let that happen. They came together to pass the bipartisan CHIPS and Science Act. He further said that he would make sure that the supply chain for America shall begin in America.
Joe Biden estimated that the August 2022 law would create many job opportunities in America. This is because the law supports the production of semiconductors in the U.S. His speech emphasized the very importance of the middle class. He wants to build an economy from the bottom up and not from the top down. He believes that when the middle class does well, the poor shall have a ladder to rise, and the wealthy can still do very well, so they all will do well as a whole.
So, building the middle class involves providing new job opportunities and pathways for students. He further proposed to connect students to career opportunities. This shall start in high school, and he also proposed to provide two years of community college and the best career training in the USA. In addition to the pathway to a 4-year degree.
Biden further supported the PRO Act to protect the right of workers to unionize. He pushed for the end of non-compete agreements that limit the mobility of workers. He further advocated for better workers’ earnings potential and paid family and medical leave.