Al Bilad newspaper “Arouses the envy of the world.” This is how Biden described the American economy – 2024-03-09 21:39:19

by worldysnews
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Friday, March 8, 2024


US President Joe Biden on Thursday, in his annual State of the Union address, praised his country’s strong economy and its recovery after the Covid pandemic crisis.

Biden said before both chambers of Congress: “People, I inherited an economy that was on the brink of collapse.”

“Now our economy is quite literally the envy of the world. 15 million new jobs in just three years – a record, and unemployment is at its lowest levels in 50 years.” According to his expression.

He also confirmed that the United States has become a large producer of semiconductors and chips used in electronic industries.

Biden pointed out the possibility of generating $2 trillion in tax revenues from the rich.

America’s freedom is under attack

In a related context, US President Joe Biden warned during his speech that democratic values ​​are under attack inside and outside the United States.

“Not since the time of President Lincoln and the Civil War have freedom and democracy been under attack at home as they are today,” he told Congress in the Capitol building, adding, “What makes our moment rare now is that freedom and democracy are under attack both at home and abroad.”

Money is needed to stop Putin

He also urged Congress to approve aid to Ukraine in order to “stop” Russian President Vladimir Putin, accusing his predecessor Donald Trump, against whom he will run in the upcoming presidential elections, of “submitting” to the Kremlin master.

Biden said before both chambers of Congress, “My predecessor, the former Republican president, tells Putin: ‘Do whatever the hell you want,’” according to his words.

He added, “I will not bow down,” and “history is watching in every sense of the word.”

He continued, “My message to President Putin, whom I have known for a long time, is simple: We will not back down.”

He explained that “President Putin of Russia is moving forward in its war against Ukraine and is sowing chaos throughout Europe and beyond.” He continued, “If anyone in this room thinks that Putin will stop at Ukraine, I assure you that he will not.”

Gaza and aid

Regarding the escalating conflict in Gaza, US President Joe Biden warned Israel that it could not use the humanitarian aid file for the Gaza Strip as a “bargaining card,” calling for an immediate ceasefire for six weeks.

“To Israel’s leadership, I say this: “Humanitarian aid cannot be an afterthought or a bargaining chip,” Biden said. “Protecting and saving innocent lives must be the priority.”

Biden sent a sharp message to Israeli leaders, asking them not to obstruct humanitarian aid to the Palestinians for political purposes.

The following are the most important things that came from US President Joe Biden’s speech:

  • We are protecting taxpayer money and saving billions of dollars of it
  • When the United States stumbles, it gets back up
  • The United States has become a major producer of semiconductors and chips used in electronic industries
  • There are 60 million Americans starting small and medium businesses
  • Starting next year, everyone will benefit from insulin and cancer drugs

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