President Biden's Economic Agenda Will Create 30 Million Jobs

     They won't say it, but Republicans know it: President Biden and congressional Democrats have delivered historic results in this 117th Congress. In terms of racial justice, they confirmed the first black woman to serve on the Supreme Court, made Juneteenth the first national holiday in 40 years, made lynching a federal crime with the Emmett Till Antilynching Act, implemented significant reforms with the COVID-19 Hate Crimes Act, and signed a historic executive order on police reform. They passed the Honoring Our PACT Act to support millions of veterans, ended the Wars in Iraq and Afghanistan, bolstered Ukraine in the face of Russian aggression, took out the leaders of ISIS and al-Qaeda, reformed the Postal Service, passed the first significant gun safety legislation in 30 years, and much more.

     The social aspects of President Biden's agenda go further: universal broadband access by 2030, the total elimination of lead pipes and paint by the same date, the cleanup of nearly all toxic sites in the Great Lakes and the restoration of the Everglades, a crackdown on corporate bad actors and an increase in wages and unionization, the reduction of U.S. carbon emissions by 51 percent by 2030, a historic cut to prescription drug costs, the reduction of the U.S. deficit by trillions of dollars, an increase in taxes on the wealthy without touching the middle class, the bolstering of Obamacare, and much more.

     However, maybe the most significant aspect of all of President Biden's agenda, the most historic one seen since the Great Society under Lyndon B. Johnson, will be its impact on the economy. The $1.9 trillion American Rescue Plan Act and PPP Extension Act more than fully restored American unemployment, creating 10 million jobs as well as a small business boom that has not been seen in decades. The Ocean Shipping Reform Act curbed bad practices by ocean shipping companies for the first time in 25 years, lowering costs and increasing opportunities for retailers. The Infrastructure Investment and Jobs Act created an estimated two million jobs with an investment that hasn't been seen in 50 years. The Chips and Science Act will create an estimated three million jobs by bringing manufacturing back to the United States, competing with China, investing in innovation and science nationwide, and more. The Inflation Reduction Act will go even further by creating an estimated nine million jobs, nearly all in clean energy and manufacturing. That adds up to 24 million jobs in just over 18 months, or an estimated 1.5 million future jobs created per month by this Democratic majority. It will slow down, but, when combined with the normal functioning of the jobs market, the United States, AT A MINIMUM, will create 30 million jobs by 2030. These are good-paying jobs in the areas that the American people want to see them in the most.

     We're far from done. We are going to pass the most significant antitrust legislation in a century into law, pass the Sunshine Protection Act, cap the cost of insulin at $35 per month, preserve and expand Social Security, fight for a woman's right to choose, reform laws on crack-cocaine and marijuana, codify marriage equality, pass another competition bill, take action to advance racial justice and defend wildlife, repeal the AUMFs for 2001 and 2002, cancel student debt, and confirm more federal judges than any president in their first two years.

     We're going to build back better!