Rebuild America with Joe Biden

Ajay Jain Bhutoria-

Entrepreneurship is the vehicle for creating new jobs, generating revenue, advancing innovation, enhancing productivity, and improving business models and processes. Despite the challenges, entrepreneurship has never before been more vital to our economy than it is today. It is our best offense for economic progress and our finest defense against the status quo. Promoting entrepreneurship is in everyone’s best interest.

Entrepreneurs And America’s workers embody the American Dream. Fired with ideas, they have been the engine to our growth and subsequently have set our economy apart from all other nations.

Innovation & Entrepreneurship is deeply woven into the fabric of America’s history, its economy, and its cultural beliefs. “The Americans always display a free, original and inventive power of the mind.”

Joe Biden will mobilize the talent, grit, and innovation of the American people and the full power of the federal government to bolster American industrial and technological strength and ensure the future is “made in all of America” by all of America’s workers. Biden believes that American workers can out-compete anyone, but their government needs to fight for them.

Biden does not accept the defeatist view that the forces of automation and globalization render us helpless to retain well-paid union jobs and create more of them here in America. He does not buy for one second that the vitality of U.S. manufacturing is a thing of the past. U.S. manufacturing was the Arsenal of Democracy in World War II, and must be part of the Arsenal of American Prosperity today, helping fuel an economic recovery for working families.

The COVID  pandemic has exposed some excellent examples of the value of capabilities in our country and the urgent need for building Make in America products especially in the sector of essential medicines, drugs, food items, consumer items. So as we reduce our reliance on imports. The visionary funding by NIH, NSF, and other agencies for the human genome program and life sciences research from the late 1970s through today have built an unrivaled ecosystem of capabilities in biotechnology. We see companies like Moderna, who have the leading mRNA vaccine candidate, and many others working on vaccines and therapies, thanks to those earlier investments in the basic science. It’s because we made the long term investments that we have the capabilities today.

Biden plans to extend smart investment in R&D , in manufacturing and technology, and give American workers and companies the tools they need to compete, use taxpayer dollars to buy American and spark American innovation, stand up to the Chinese government’s abuses, insist on fair trade, and extend opportunity to all Americans, and make essential products made abroad in America by American workers Biden will do more than bringing back the jobs lost due to COVID-19 and Trump’s incompetence, he will create millions of new manufacturing and innovation jobs throughout all of America.

These will be high-quality, high-skill, safe jobs with the choice to join a union — jobs that will grow a stronger, more inclusive middle class. Biden will include in the economic recovery legislation he sends to Congress a series of policies to build worker power to raise wages and secure stronger benefits. This legislation will make it easier for workers to organize a union and bargain collectively with their employers by including the Protecting the Right to Organize (PRO) Act, card check,  union and bargaining rights for public service workers, and a broad definition of “employee” and tough enforcement to end the misclassification of workers as independent contractors. It will also go further than the PRO Act by holding company executives personally liable when they interfere with organizing efforts.

Under Trump Administration, America has been knocked down. The unemployment rate is higher than it was in the Great Recession. Millions have lost jobs, hours, pay, health care, or the small business they started, through no fault of their own.

The pandemic has also laid bare some unacceptable truths. Even before COVID-19, the Trump Administration was pursuing economic policies that rewarded wealth overwork and corporations over working families. Too many families were struggling to make ends meet and too many parents were worried about the economic future for their children. And, Black and Latino Americans, Native Americans, immigrants, and women have never been welcomed as full participants in the economy.

Trump promised voters he’d stand with American workers, but spent his entire time in office siding with corporate boardrooms and his big-money donors over middle-class families – creating giant new financial rewards for outsourcing jobs and trying to take healthcare away from millions, Trump presidency has thrown American manufacturing into a recession, killed tens of millions of jobs, and sent the strong economy he inherited from the Obama-Biden Administration into a full-on meltdown. Under Trump’s presidency, unemployment rates had reached record lows before the coronavirus pandemic hit the United States in March 2020. In 2018, stock buybacks were at record highs and corporate tax payments were at record lows. In 2019, U.S. manufacturing was in recession, and Trump’s much-vaunted China trade strategy ended up contributing to a decline in American manufacturing exports.

“Donald Trump loves to talk and talk and talk, but after 3½ years of big promises, what do the American people have to show for all the talk

Biden’s “Build Back Better” economic plan features the “Buy American” component that would invest $400 billion in government procurement that the campaign says would boost demand for U.S.-made products. The plan also calls for a $300 billion investment in research and development over four years that would be spread across the country to businesses and entrepreneurs.

Biden also repeated his desire to raise the corporate tax rate to 28 percent, following GOP legislation that lowered the rate to 21 percent in 2017. Biden plan would bring Back Critical Supply Chains to America so we aren’t dependent on China or any other country for the production of critical goods in a crisis.

In addition to bringing back the jobs lost this year, Joe Biden’s plan to ensure the future is made in all of America will help create at least 5 million new jobs in manufacturing and innovation.

Biden will use the government’s purchasing power to Buy American, boosting U.S. industries through a historic procurement investment he is announcing today and an ambitious extension of his infrastructure and clean energy plans that he will announce soon.

Joe Biden announced a broad environmental plan Tuesday that includes provisions to broaden the federal electric-car tax credit and revive the “Cash for Clunkers” program.

“Biden will restore the fully electric vehicle tax credit to incentivize the purchase of these vehicles,” a statement on the presumptive Democratic presidential nominee’s campaign website said. “He will ensure the tax credit is designed to targeted middle-class consumers and, to the greatest extent possible, to prioritize the purchase of vehicles made in America.”

To further support electric cars, Biden also proposed adding more than 500,000 public charging stations by the end of 2030.

Biden believes this is no time to just build back to the way things were before, with the old economy’s structural weaknesses and inequalities still in place. This is the moment to imagine and build a new American economy for our families and the next generation. An economy where every American enjoys a fair return for their work and an equal chance to get ahead. An economy more vibrant and more powerful precisely because everybody will be cut in on the deal.

In this time of crisis, Joe Biden has a plan to create millions of good-paying jobs and to give America’s working families the tools, choices, and freedom they need to build back better. Building back better means helping small businesses and entrepreneurs come out the other side of this crisis strong while demanding more from corporate America.

Biden will Build a Better Future for all.. VOTE for Biden.

[Ajay Bhutoria is an author, community leader, tech entrepreneur and on the National Finance Committee for Biden for President 2020 and a leader on the Asian-American Pacific Islander (AAPI) National Leadership Council for Biden for President. The views expressed are his own and Inputs based on Joe Biden Fact sheets from]