Biden vows to fight racial inequality with economic agenda

Biden vows to fight racial inequality with economic agenda

Biden vows to fight racial inequality with economic agenda

WILMINGTON, Del. — Democratic presidential candidate Joe Biden promised Tuesday that his economic agenda would combat long-standing racial inequalities as he sought to draw another sharp contrast with President Donald Trump.

Biden said the Republican president is exacerbating social discord across the country, including by sending federal authorities into major cities under the pretense of addressing crime. And he said Trump has little interest in addressing the racism that Biden said has been laid bare by the COVID-19 pandemic, which disproportionately claims people of colour as its victims, or in an election-year reckoning with police violence against Black men.

“He can’t turn the economy around. He’s determined to stoke division and chaos,” Biden said, speaking in a community centre gymnasium in his hometown of Wilmington, Delaware. “It’s not good for the country, but Donald Trump doesn’t care. His campaign is failing and he’s looking for a lifeline.”

Biden countered with a litany of proposals to steer federal money and tax credits to small business and economic development programs for minority-owned firms and disadvantaged neighbourhoods. Biden also said he’d encourage home ownership to help close wealth gaps among minority communities and push the nation’s banking system, including the Federal Reserve, to more directly address economic inequality.

Many of his proposals — and the billions in federal spending needed to pay for it — had already been promised as part of previous, larger Biden plans to jump-start the economy when the coronavirus outbreak begins to recede. But as protests against institutional racism and police brutality have swept the country in recent months, the presumptive Democratic presidential nominee is attempting to show voters that he’s committed to implementing specific remedies that can promote racial and economic equality should he win the White House in November.

Biden’s speech and his subsequent question-and-answer session with reporters – just his third extended news conference in four months – come as he nears a decision on a running mate. Biden came prepared to talk about at least one of the top contenders: California Sen. Kamala Harris.

An Associated Press photographer captured Biden’s handwritten notes with talking points on several issues. Topping the list was Harris.

A recent Politico story alleged that Biden’s longtime friend and vetting committee leader Chris Dodd, a former Democratic senator like Biden, had raised concerns about Harris going after Biden last summer on the debate stage and showing “no remorse” in conversations with Biden’s campaign. On Biden’s notepad, he’d written below Harris’ name: “Do not hold grudges” and “Great respect for her.”

Biden did not field a question specifically about Harris. But he has praised her extensively, and he’s confirmed in recent weeks that his short list for vice-president includes several women of colour. His decision is expected to have unusual importance given his age, 77, and the fact that he’s a white man leading a diverse party.

Recent polls have shown Biden leading Trump nationally and in many competitive states that determine the Electoral College outcome. But Biden’s aides are keenly aware that Hillary Clinton lost key battleground states four years ago in part because of a drop in turnout among nonwhite voters from what President Barack Obama drew in 2012.

As part of his attacks on Trump’s approach to race, Biden blasted the president for ordering federal authorities to intervene against protesters in places like Portland, Oregon, and Chicago, while small businesses around the country continue to struggle or shut down because of the coronavirus.

The president, Biden said, is trying to distract and scare voters. Biden said most demonstrators are “peaceful protesters” who don’t require a response from the federal government. “Arsonists and anarchists should be prosecuted,” Biden said, and “local law enforcement can do that.”

Still, Biden said, “This election is not just about voting against Donald Trump. It’s about rising to this moment of crisis, understanding people’s struggle and building a future worthy of their courage and ambition to overcome.”

And he said that means thinking about every policy debate in terms of structural inequalities.

Maurice Mitchell, a prominent figure in the Movement for Black Lives and national director of the Working Families Party, said there are some “promising items” in Biden’s proposals, but added, “There’s more we need.” Looking beyond the campaign, Mitchell said, “It’s not a matter of what’s in Biden’s platform.” Instead, he said, “The power of the movement in the streets will dictate the results of a Biden administration. Fortunately, the movement for racial justice has never been stronger.”

Specifically, the former vice-president wants to take $30 billion, or 10% of the federal investment he’s already promised as part of larger economic plans, and funnel it into a “Small Business Opportunity Fund” designed to leverage $5 of private investment for minority owned enterprises for each $1 in public funds allocated. He also plans to spend $50 billion to provide startup capital to help entrepreneurs of colour start businesses in disadvantaged areas.

To encourage home ownership, the plan would create a $15,000 federal tax credit to help low- and middle-income families cover down payments on their first homes. It also pledges to build 1.5 million new homes and public housing units in hopes of addressing the nation’s affordable housing crisis.

Biden also said the Federal Reserve’s mission should be revised to specifically charge the central bank with addressing “persistent racial gaps” in economic opportunities and wealth, rather than a more general focus on maximum employment and stable pricing.

Biden similarly vowed to undo Trump administration regulatory changes that the Democratic presidential nominee says “gutted” Obama administration rules preventing housing discrimination and unfair lending practices.

Biden’s plan doesn’t endorse legalizing marijuana, though it seeks to clear court hurdles so states can better identify nonviolent offenders whose records they might opt to expunge. Black and Hispanic Americans often face far harsher penalties for crimes involving marijuana possession than white people do.

The Democratic National Committee’s convention platform committee voted by a wide margin on Monday to keep language calling for legalization of marijuana nationwide out of the party’s platform.

Will Weissert And Bill Barrow, The Associated Press

U.S. Economy

Get local stories you won't find anywhere else right to your inbox.
Sign up here

 

Biden vows to fight racial inequality with economic agenda

Biden vows to fight racial inequality with economic agenda

Just Posted

The Pfizer-BioNTech vaccine deliveres to Canada are being delayed because of complications at their European distribution facility. THE CANADIAN PRESS/Nathan Denette
Delays of Pfizer vaccine delivery to impact Alberta’s vaccination plans

Alberta has administered 74,000 doses of the COVID-19 vaccine so far

Alberta Chief Medical Officer of Health Dr. Deena Hinshaw
Alberta eases some COVID-19 restrictions

Salons, barbershops and other personal and wellness services will be open by appointment only

File Photo
‘You took away some real joy.’ Sylvan Lake Winter Village turned off after vandalism

Sometime during the night of Jan, 12 the light display at the pier was vandalized and damaged

(Black Press file photo)
Sylvan Lake man charged with fraud totalling more than $100,000

Sylvan Lake RCMP have been investigating two companies owned by the same man since June 2019

Lesser Slave Lake UCP MLA Pat Rehn. (Facebook)
Kenney kicks Pat Rehn out of UCP caucus after municipal complaints

Rehn had been criticized by municipal leaders in his constituency

Prime Minister Justin Trudeau listens to a question during a news conference outside Rideau cottage in Ottawa, Friday, January 8, 2021. THE CANADIAN PRESS/Adrian Wyld
Trudeau says Canada’s COVID vaccine plan on track despite Pfizer cutting back deliveries

Canadian officials say country will still likely receive four million doses by the end of March

(Via the Canadian Press)
Alberta monolith comes with message to save eastern slopes of Rocky Mountains

‘They deserve our attention. They warrant our protection. They are under threat’

blessing
Bentley Blessing Pantry continues to faithfully serve the community

‘We just wanted to make everyone aware that we are still here to serve you throughout this coming year.’

A Suncor logo is shown at the company’s annual meeting in Calgary on May 2, 2019. A worker is missing after a dozer broke through ice on an inactive Suncor tailings pond in northern Alberta.THE CANADIAN PRESS/Jeff McIntosh
Worker missing after dozer breaks through frozen tailings pond in northern Alberta

The worker was an employee of Christina River Construction

A health-care worker prepares a dose of the Pfizer-BioNTech COVID-19 vaccine at a UHN COVID-19 vaccine clinic in Toronto on Thursday, January 7, 2021. THE CANADIAN PRESS/Nathan Denette
COVID clarity: Feds say 42-day gap for 2-dose vaccines OK as provinces race to immunity

‘Realities on the ground’ means that provinces, territories will have difficult choices to make

(Pixabay photo)
Alberta surgeon who hung a noose in a hospital found guilty of unprofessional conduct

College of Physicians and Surgeons says sanctions will be determined at a later hearing

Most Read