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Biden Presents Economic Plan to Combat Racial Inequality, Says Short on Tensions



Joe Biden on Tuesday unveiled an ambitious U.S. plan to combat racial inequality, focusing on helping minority owners and making housing more accessible to color families, and President Donald Trump also maneuvering for “deliberate burning of racism.”

In a high school gymnasium speech in his hometown of Wilmington, Delhi, Biden spoke of a plan that reflects the last four-part agenda of his four-part economic recovery agenda before defeating the Trump pandemic and its response. to protest against racial inequality and public order in the United States

“Donald Trump is facing a real ordeal, and he has failed,”

; Biden said. “The duty to care for the whole country, not just the prospects for its re-election.”

“He has been shown that he cannot overcome a pandemic and protect you,” Biden continued. “Both terribly and unsurprisingly, it deliberately touches the flames of division and racism in this country.”

Biden said he was talking to the late rep while talking to the deathbed. John Lewis, a titan of the civil rights movement, and that Lewis asked him to “focus on the work in progress.”

Biden’s plan, details of which were previously announced by the campaign, calls for an investment of $ 150 billion in already allocated costs to help minority small business owners. About a third of that amount would be public and private venture capital for black and brown entrepreneurs, and the other $ 100 billion will go to low-interest business loans for state, local, tribal, and nonprofit loans to community members.

The campaign also proposed setting a new target for spending 15 percent of federal procurement on small disadvantaged businesses, primarily black and brown businesses.

This plan contrasts with Trump’s approach to racing. In recent weeks, Trump has taken several steps to overcome racial and cultural divisions. Since late June, he has been promoting a video on Twitter depicting a man in a golf bag with Trump campaign tools shouting “white power” for refusing to call the Confederate flag offensive, criticizing NASCAR for banning the Confederate flag in its race and threatening to veto an important defense law requiring the military to rename bases that respect the Confederate generals.

Biden’s plan essentially repackages dozens of policies already proposed by the campaign, directly targeting black, Hispanic, Asian, and Native American communities. But by adding them to their large-scale economic package, they could have a greater chance of becoming laws, as the campaign’s eyes put future stimulus proposals on the agenda during Biden’s presidency.

The plan also sets out how Biden would prioritize helping black and brown communities find affordable housing. The plan calls for the construction of 1.5 million. Homes and public housing units and create a new tax credit of up to $ 15,000 to help colored families pay a down payment for their first home.

In an effort to improve the employability of non-violent criminals, the proposal calls on states to help modernize their criminal justice records so that local authorities can quickly delete or seal records.

The last pillar of Biden’s “Better Build” economic agenda comes as the U.S. continues to fight racial and police protests over George Floyd’s death in Minneapolis, and because the coronavirus pandemic has disproportionately affected color communities.




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