President Joe Biden made two visits to North Carolina on Thursday. The first time was in Charlotte, where he met privately with the grieving families of four police officers killed in an ambush in east Charlotte on Monday.
Deputy Sheriff Thomas Weeks Jr., CMPD Officer Joshua Eyer, North Carolina Adult Correctional Officers Sam Poloche and William “Aiden” Elliott were killed, and Terry Clark Hughes Jr. Five other police officers were injured in the long rap. Sheet was also killed by the police.
The visit lasted about two hours, after which Biden departed for an invitation-only campaign event at the Wilmington Convention Center in Wilmington at 5 p.m.
He announced that $3 billion from the Invest in America plan will be used to identify and replace lead service lines that will help prevent lead exposure in drinking water across the United States.
North Carolina will get $76 million to replace 300,000 lead pipes, including 300 in Wilmington.
In addition, the Eastern Band of Cherokee Indians in the western part of the state will also receive funding to conduct a water line inventory and prepare a preliminary technical report on five public water systems on the property.
Biden commented that Democratic Gov. Roy Cooper had previously earmarked $2 billion from the American Rescue Plan for 800 clean water projects across the state.
“Folks, this is about safety, but it's also about basic fairness,” he told the donor. “Nationally, we direct almost half of our funding to disadvantaged communities. We are updating all our water mains and treatment facilities, some of which are 100 years old. .”
“I'm tired of trickle-down economics,” Biden said, adding that his economic vision is to grow the economy “not just from the top down, but from the middle to the bottom up.”
He also denied his record of creating 15 million jobs since taking office in 2021, including 460,000 in North Carolina. Manufacturing is “booming” with 800,000 new manufacturing jobs being created. North Carolina's unemployment rate fell from 5.6% to 3.5%, lower than any year under the Trump administration and the lowest in 25 years.
Biden noted that when he took office, the country was in the midst of the COVID-19 pandemic, which caused employers to lay off workers and some businesses to permanently lay off employees due to COVID-19 restrictions. He did not mention that it had been closed. He also said wages are rising across the country, with a 3% increase in North Carolina, but he did not mention the inflation that continues to affect the country.
Biden also incorrectly said that Walmart had just announced that it would restore all products to pre-pandemic prices. Walmart President and CEO Doug McMillon announced in March that the company would lower prices on some products, including rotisserie chicken, eggs, apples, deli snacks and French bread.
Biden also said his administration is reducing the federal deficit by lowering the price of insulin and eliminating thousands of dollars in junk fees, and by making “big, very wealthy corporations start paying their fair share.” Ta.
He also took jabs at all Republicans who voted against the American Rescue Plan, including Sen. Ted Budd, R-North Carolina.
“Sen. Ted Budd said the infrastructure law was fatally flawed,” he said. “A liberal Trojan horse for socialist policies. I don’t know about you, but I think socialism’s challenge is to make sure children have clean water to avoid brain damage.” I don't think so.
Former President Donald Trump was also fired.
“You may remember that my predecessor promised Infrastructure Week every week for four years,” Biden said. “He hasn't built anything, he hasn't built anything. My predecessor, the guy who's running now, accumulated more federal debt than any president in history.”
But major economic indicators were stronger under the Trump administration. Case in point: U.S. gross domestic product (GDP) in July 2019 grew at an annualized rate of 2.1 percent in the second quarter of the year. This was significantly higher than his 1.8 percent that most experts expected.
Compare that to now under the Biden administration. Last week, the U.S. economy was reported to have grown at its slowest pace in nearly two years as inflation rose far more than Wall Street expected.of Bureau of Economic Analysis The latest gross domestic product (GDP) statistics report showed that the economy grew at an annualized rate of just 1.6% in the first quarter of this year, falling short of the expected 2.5%. This news sent the stock market crashing and sparked concerns. stagflationcharacterized by reduced economic growth (stagnation), increased inflation, and increased unemployment.
Personal consumption expenditure index It went up faster than expected March.
Core prices excluding food and energy rose 0.3% from the previous month and 2.8% from the previous year.
“I've never been more optimistic about the future of our country,” Biden said at the end of his campaign speech in Wilmington.