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tv   President Biden in Michigan on Economy  CSPAN  November 30, 2022 12:09am-1:08am EST

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c-span is your unfiltered view of government, funded by these television companies and more. including broadband. ♪ buckeye broadband support c-span is a public service along with these other television providers. giving you a front row seat to democracy. president biden spoke about manufacturing jobs and his economic plan at a semi conductor or plant in bay city michigan. the president stressed that he aims to build an economy that benefits everyone and that no one will be left behind. following his remarks president biden also briefly celebrated with the crowd after a u.s. win against iran at the world cup.
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>> hello michigan. hello, hello. i tell you what, my mom is looking down from heaven saying apologize to these people because you have your back to them. thank you very very much. and i told jeffrey that uh, i went to a school that had these colors. you guys recognize these colors? well my college football coach played at michigan and uh,
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when he became made to the hall of fame as a coach. and uh, but the thing was that he always hears what he did to, i have to admit his front end. i told this to kill the on the way up, we stole michigan's uniforms, same exact uniforms. so that's why the blue and gold, any of you are state folks. just remember, just remember for, for all of you looking at, i, it's delaware, okay for you from the university of michigan as michigan. hey, it's great to be here. really is jeff. thanks, thank you jeffrey for your introduction. i really mean it, it's a big deal and you're a big guy. as, as i told you if i had you running in front of me when i was playing flanker back. i could have been an all american man. it could have been big. it could have been big. look, governor whitner, thanks for inviting me back to michigan and congratulations on your historic victory restore. you stood for
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jobs, you stood for dignity. you stood for the american workers. you stood up for women's fundamental rights, insisted on democratic values. and we're here today. business leaders at home and abroad recognized the importance of your leadership and it's not a small item. it's a significant item. and senator debbie, stabenow and gary peters, both close friends had to be in washington today, but i want to say thanks to them because we would have got half the stuff we passed passed and their true leaders in the senate and tireless fighters for the state of michigan. representative dan kildee, we rode up together. he's the most one of the most effective members in the united states congress. and a good friend. no, he really is. thanks to your partnership over the past couple of years pal. i really mean it. and we're doing a lot to revitalize american manufacturing in michigan and across the country. and representative slotkin came up on the plane with me. where is
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she here today? there you are. i'm i love her. i'm very careful with her because she's former c i a and i'm really worried, she good to see you. thanks for your your work on so many important issues in the state and everything you do to support service women and men on our veterans all over the world and and all those issues that uh as my dad just say, we used to talk about the kitchen table there, the bread and butter issues and you work like hell on all of them and i appreciate it. and i also want to thank the leaders of sk soltan css and i met with some of their folks as well in korea. there are first rate operation and they're gonna create a lot of good paying jobs here. rev they're gonna do that pretty soon. i recently got back from a trip literally around the world, you know that around the
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world in 80 days, well i did it in six. started off in egypt and ended up in guam and coming on home and we ended with a meeting in indonesia with the g-20, the 20 largest economies in the world. and it was clear in those meetings and i mean sincerely that the rest of the world views the united states is better positioned than any other nation and a major nation world to lead the world economy in the 21st century. and that's not a joke here is, we have a strong sense are strong sense of what all the leaders in the world and look to us about, they see resilience in the american economy and we're seeing that here at home as well with investments, like we're gonna talk about today. together with the help of your elected leadership today. we had an extraordinary two years of progress. we passed the american rescue plan. now everybody knows it, but we did so much. no one knows the effects of it yet. we're just just they're just
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coming into play. what that little plan did with the billions of dollars we spend is it kept tens of thousands of cops, firefighters, teachers, first responders on the job in 50 states because they lost income because of the significant reduction in employment in those states. they provided them the money to be able to keep everyone employed. we fully vaccinated when i came to office, there were two million people vaccinated. we vaccinated 220 million people saving thousands of lives and we're building our infrastructure and governor. we're fixing the dam road. well, i came and came and campaign for the first time. she ran for governor. she ran on a platform fix the damn roads was stuck in my mind. i kept my promise. we're gonna fix your damn roads in a big way to the tune of billions of dollars bridges and airports as well. and we're low on prescription drug cost anybody a senior citizen on
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medicare. the fact that i mean the fact is that it won't take effect january one. but from that point on you pay $35 for your insulin, not $400 a month. we're strengthening american manufacturing. we've created more jobs in the first two years of any president, 735,000 manufacturing jobs, manufacturing jobs and we're still counting and michigan once again becoming the manufacturing hub of the nation. and that's not a joke because when i got to the united states senate as a 29 year old kid had to wait a couple of days to be sworn in. but when i got there, this was one of the epicenters of manufacturing and we're addressing the climate crisis. well, the climate plan we just passed is going to reduce emissions by one billion metric tons by 2030. and because of our
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our policies, gas prices are coming down. and what's most exciting about it, people are starting to feel a sense of optimism and the impact of these legislative achievements in their own lives. it's going to accelerate in the months ahead and so many things are going to find out what we've already done that we haven't been able to actually implement yet. we're in the process of doing it. and it's part of a broader story about the economy we're building that works for everybody. you know, one of the one that grows from the bottom up in the middle out, not from the top down when it grows from the bottom up in the middle of the wealthy do very well. they don't get hurt at all. but working poor folks get a shot a ladder up and middle class folks get a shot as my dad would say, just have a little breathing room, a little breathing room and that positions america to win the economic competition of the 21st century. my dad used to have an expression and i mean sincerely matter of fact, it was quoted to me today by one of the congressmen. he used to say
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joey, a job is about a lot more than a paycheck. it's about your dignity, it's about your place in your community, literally not a joke, think about it. it's about being able to look your child in there and say, honey, it's gonna be okay. that's what the job should be about. and thousands of michiganders are going to be able to look their child and say, honey, it's gonna be okay. it's gonna be okay back in july when the chairman of s. k, who's here today came to the white house, we talked about a $50 billion investment sk is making the united states at the time. they would let me come down from the, from the third floor because i was exposed to covid, i didn't have it yet. but they were worried about me exposing other people. and so as he said, it was like alice in wonderland. i'm up on the third floor in that balcony and and waving to the chairman of sk
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saying, you are coming, aren't you? you are come out. but look, they produce everything from semiconductors, electric vehicle batteries, to chargers, pharmaceuticals. and part of the investment is coming right here in bay city to produce semiconductor materials for the small computer chips that power our everyday lives, smartphones, washing machines, hospital equipment, automobiles, just to name a few. they are especially critical for power and electric vehicles which you can use 2 to 3000 ships per vehicle. just to and by the way, i think about it. general motors ford all manufacturing electric vehicles made by the u. a. w. here in michigan. by the way, if you can hold for a second, my person
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introduced me, everybody thinks because i've been so pro union my whole career, everybody and i talked about and i talked about this with sk in korea and here you're the best workers in the world. you are the most not just i'm not being nice, you're the most qualified workers in the world, but most people don't know this man here did not four years of college, five years learning his trade, five years working at it. they're the best in the world. i mean it most people don't know it. most people that think i want to be a pipe fitter, you show up and they give you a ranch, come on man, i'm serious, we have the best workers in the world, the most qualified workers in the world. and by the way, you know,
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i wanted the middle class build america and unions built the middle class. that's a fact. that's a fact that's coming from a boy who grew up in scranton, pennsylvania and claymont delaware. but i really mean it, we sort of forgot we forgot how critically important the skill of the labor force we have in the united states. america, we need these chips to make vehicles. sk said excuse me, s. k. came along as making the material that goes into these computer chips. so instead of relying on chips made overseas in places like china, the supply chain for those chips will be here in america in michigan. it's a game changer. america invented. i reminded the chairman of sk has become a good acquaintance. we invented the chip in america, we invented the chip in america. then we got lazy federal investment helped reduce the cost of creating a market in the higher its entire industry that america led as a result. over 30 years ago,
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america produced 30% of all the chips in the world. then something happened. american manufacturing the backbone of our economy got hollowed out companies began to move jobs overseas instead of products overseas because it was cheaper for them. that's why it happened. i come from the corporate capital of the world or more corporations incorporated in delaware than every other state in the union combined. and guess what? a lot of businesses got greedy, go to the cheap labor overseas. well now we're sending good products overseas made by first class labor folks results today, we're down to producing only 10% of the world's chips. despite leading the world in research and design a new chip technology. why does this matter? i had a long meeting with xi jinping at the g 20. we have met for over 80 hours over
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the last 10 years. we know each other well and he's a little upset that we're deciding we're going to once again be, you know, and so our european friends, they're talking about the supply chain, we're going to be the supply chain and the difference is gonna be, we're gonna make that supply chain available the rest of the world, but we're not going to be held hostage anymore. i mean it we saw it during the pandemic when overseas factories that make these chips shut down because of the pandemic, the global economy comes to a halt driving up costs for families. in fact, one third of the core inflation last year is because of the price of automobiles. they couldn't get the computer chips so they couldn't make the automobile. so the prices of fuel automobiles are being made went way up. they had to shut down. workers on the shop floor got laid off pricing because cars were in short supply. the reason i pushed for
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the passage of the chips and science act because i knew we could turn things around. i've never been more optimistic about america that have been the last several years. and i mean that sincerely not just here in michigan but all over the country. semiconductor companies are investing literally several $100 billion over the next 10 years, several $100 billion. the field of dreams right outside of columbus ohio 13,000 employees. 5000 full time. you don't need a college degree for 80% of the jobs there in the average salary, $126,000. look a record amount of money to bring chip production back home. that's what that legislation did bring other key parts of the ply chain back to supply chain back to america as well. think about it 10 years ago. how many knew what terrible supply chain was? no, i'm serious. it's a phrase when i started talking about supply
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chain, people got no reason why they should have been. it's not because they weren't smart. we didn't have to rely on the rest of the world. we we lead the world because of the i. b. w. and i got elected. we're gonna lead it again. i mean it companies in every part of this country are expanding factories building nuance to make electric vehicle batteries and charge is creating thousands of jobs in the process folks. where is it written that america will not lead the world to manufacturing again. where is that written now? the united states has a top top destination for companies across the globe looking to make investments in manufacturing. again, they see what i see what you see. we have world class, high skilled, highly committed workers. union workers. union workers are the most highly trained, highly skilled workers in the entire world. that's not
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a good joke. that's a fact. that's a fact. or they're building these factories are working in them as well. this wasn't built, this was here. but many of the other places where these investments are taking place for semiconductors are building from scratch factors are in are gonna make a big difference. and now i know many of you watching at home are like the folks i grew up with in scranton in pennsylvania and claymont delaware, you felt left out for a long time. you used to be really thriving economies, economy left you behind the industry that's rapidly changing. you were left out. i understand it, my family understands it. that's why when cole died in scranton, we moved down to claymont. delaware, which is a steel town. used to have thousands of workers, 6000 steel workers. they're all gone now. delaware used to have the largest percentage of auto workers of any any state in the nation, the largest general motors plant outside of. they're all gone. it's gone. but hear me, we're gonna leave nobody behind this time around. nobody.
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we're gonna make sure all american workers with college degrees and without college degrees are prepared to compete with anyone in the world. we're working with companies and community colleges technical schools union led apprentice train and training programs to make that happen. in fact a few months ago i announced a $52 million american rescue plan which we passed 20 months ago with the help of your congressional leaders here today. it's a partnership right here in michigan including the big three in the united auto workers to train our workers upgrade our factories for the electric vehicle revolution. you know we were talking on the way up in the plane, we had a little event that your congressman came to. i put together the south lawn of the white house in the
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process. i had the c. e. o. s of all american auto companies and mary barra, chairman of general motors was suing the state of california because they had a higher air quality standard in any other state and he's arguing that couldn't be higher than the national standard. and we had a little talk. i'm not saying she did this because of our talk but i asked her what was going on and about two weeks later she gave me a call she said i dropped the suit against california and i commit to you, we're going to go all electric at general motors, every other auto company did the same thing. they all stepped up. so just like over the last century american workers build carburetors now american workers are gonna build vehicles, batteries in a new clean energy economy. my approach to building the economy of the future is working because of the strong support of your delegation. our economy grew at 2.6% the last
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quarter while inflation started to slow and unemployment stayed low. here's what that means for folks here at home we've added jobs every single month of my presidency. 10 million total new jobs more than any other administration in history. in the 1st 20 months, more than 735,000 of the manufacturing jobs, exports is up are up. what i mean is we're making things here in america that i said early and we're shipping them overseas instead of shipping jobs overseas. look like you've been doing for much too long like we're doing before i got elected president, inflation at the grocery stores, thank god beginning to slow prices for things like clothes, television and appliances are going down as good news for the holiday season. earlier this month we saw that the growth price and businesses pay for goods and services is also down and here's the really good news. not down enough mission, but gas prices are down back to where they were before russia invaded ukraine.
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they've dropped a dollar 50 from their peak this summer and in michigan they dropped a dollar 60 from the peak this summer. if you're in michigan family with two cars, you're saving an average of $170 a month compared to what you're paying in the summer. that's real money. and across the country, the common price at the pump is $2.99 a gallon is much higher here and the prices continue to go down. this is an accidental we've been on this for months. remember i got criticized in the face of putin using energy as a weapon, took some decisive action. i ordered the largest ever release from the petroleum reserve 180 million barrels of oil and i rallied our international partners to come up with their fair share as well. that helped put pressure downward pressure on price because we're producing
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more gasoline that helps stabilize crude oil markets, reduced prices at the pump. i've been calling on energy companies who had the biggest years they've ever had in all of their history to begin to pass on those savings to the american people at the pump or they're gonna be gonna be coming to them. and while these prices are lower, they're not low enough. i continue to call on the producers to invest their record profits in america for americans in america, we can do two things at the same time. we can increase production and lower prices for american consumers and businesses in the short term while accelerating our investment and transition to a clean energy future and we're going to do that. we're doing it. it's gonna take time to get inflation back to normal levels as we keep the job market resilient and we could see setbacks along the way. but we're laser focused on this thing. i promise you we're laser focused on this in the meantime.
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for the first time in a long time we're investing in america and we're investing in ourselves. i signed a once in a generation investment on our nation's roads, bridges, railroads, ports, airports, lead free water systems, high speed internet and the biggest investment in american infrastructure since dwight eisenhower's interstate highway system. nothing's been as big since then. we're building 500,000 electric charging stations across the country. have the money to do it. the great american road trip would be fully electrified where your driving costs along the i 10 ri 75 from here in michigan. we just announced funding from michigan tech to help develop technology to recycle batteries in a way that uses less energy and reduces greenhouse gas emissions. we're making the single largest investment ever, $1 billion to clean up and restore areas around the great lakes, including including the detroit river, the kalamazoo river torch lake. this is gonna
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matter. it's gonna matter for your kids and your grandkids in a big way mitch landrieu head of our infrastructure program was just down the road in saginaw announcing hundreds of millions of dollars funding to clean up drinking water across the state of michigan and replace lead service lines were making sure no more flints ever again. i mean it no more flinch ever again. we're increasing capacity deported detroit rebuilding platforms to handle dry bulk cargo, improving the connection for rail lines. so companies making things here in michigan can get their products to market faster and cheaper. and when you see these big projects in their hometown and cranes going up shovels in the ground workers with hard hats, i want you to feel the way i feel pride, pride in what we can do and we do it together. so let me close with this. it's been a rough few hard years for hardworking americans for a lot of families, things are still tough, but there are bright spots where america is
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reasserting itself and this is one of those bright spots. i also, it's also happening in places in like new york idaho arizona ohio, i asked the ceos of the fortune 500 companies question when the united states decides to invest considerable resources in new industries that we need to build up, does that encourage or discourage them to get in the game and invest? and the universal answer was it encourages them to get involved and invest. federal investment, attracts private sector investments, creates jobs and industries, it demonstrates, we're all in this together. that's what today is about. i said for a long time if we invest in america, we can change this country. we used to one of my, my staff is anybody's tired
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of hearing me saying, you know, we used to invest 2% of our gdp and pure research and development, the federal government invested in that. that got down 2.7%. well, we used to rank number two now. we ranked number eight in the world. what the hell is going? what's going on? no, i'm serious. think about it. we can change this country's future. that's what we're doing. and the whole world is looking now to invest here in america again again, i've been determined to make things in this country again, to build american manufacturing capacity and to make sure that we never again in a position where we were during the pandemic. some folks didn't believe we could do it, but i made no bones about it. i've never been more optimistic about america's future than them today. we're building a better america. we just have to keep it
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going. i know we can, we're proving it's never been a good bet. it's never, ever, ever been a good bet to bet against america. never, never, never, i mean, it has never been, we're the only country in the world that every crisis we've come into. we've come out stronger than we went in because it's who we are. we just remember, you need to remember who the hell we are. we're the united states of america and there's nothing, nothing, nothing we can't do if we do it together. so let's keep this going. god bless you all! may god protect our troops. thank you. thank you. thank you. thank you. that's true. us one iran 0 usa usa. that's a big game, man. well, i spoke to the -- ♪
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usa usa. that's a big game, man. well, i spoke to the coach
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and the players. i said you can do this. they want they're gonna, they did it. god love them anyway. just thought you might want to hear thanks.
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