Biden Unveils Plan To Fight Inflation, Revives ‘Build Back Better’, During First State Of The Union | ZeroHedge

Francesco Abbruzzino, The Uncensored Report, LLC

 

Update (1015ET): Coming in at just over an hour (1 hour and 20 seconds, to be exact), President Biden’s State of the Union was notably shorter than those of his immediate predecessors – both Barack Obama and President Trump, both of whom regularly delivered SOTUs that were longer than 70 minutes. It was also four minutes shorter than last year’s address to a joint session of Congress.

 

He also concluded with a line that many complained was bizarre, telling his audience to “go get him”. Go get who?

 

 

Toward the end of the speech, President Biden claimed that he wanted to “hold law enforcement accountable” while also insisting that he wanted to “fund the police”. At one point, he even waxed poetic about the two NYPD officers who were recently killed by an unhinged, dangerous criminal.

 

Toward the end, Biden also urged Congress to ‘protect a woman’s right to an abortion’ as the US Supreme Court is set to rule this year on whether a Mississippi ban on the procedure after 15 weeks can remain.

 

Meanwhile, check out the reaction in online betting markets to Biden’s speech.

 

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Update (1000ET): While pushing Americans to “reset” after the divisiveness of the pandemic, President Biden also pushed for a “reset” of “Build Back Better”, the central aspect of his domestic agenda.

 

Except Biden has a new name for it: instead of “Build Back Better”, he’s conjured up a proposal he’s calling “Building a Better America.”

 

As BBG described it, it’s pretty much the ideas he proposed before: only messaged as more about deficit reduction and reducing inflation.

 

It includes much of the old plan, including capping the cost of child care for poor families, but it also includes measures to supposedly boost manufacturing, shore up supply chains, all while “promoting renewable energy”.

 

On the immigration front, Biden called for the US to “revise our laws” and back his immigration reform package to create a guest worker program.

 

And earlier in his speech, he promised Americans that Pfizer’s COVID therapeutic would be available to anyone at any pharmacy.

 

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Full speech is below