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tv   President Biden Delivers Remarks on Investing in America Agenda  CSPAN  May 9, 2024 4:41am-4:59am EDT

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[applause] ♪ [crowd chanting four more years] pres. biden: thank you, thank you. hello wisconsin. nick, thanks for the introduction. before i get started, i went to set the record straight. please sit. i went to a catholic high school in delaware taught by the no 14 priests from saint norbert college, a little team called green bay. [crowd cheering] here's the deal. you are the only high school in delaware who overwhelmingly
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rooted for green bay. [laughter] pres. biden: not a joke. i will tell you why. every single sunday, not only did they have a great team at the time, still do, but at the time, my theology professor at the catholic school i went to was a guy named riley. last name. he had been drafted by the green bay packers and he decided to become a priest before that, so he didn't go. but for single solitary monday that green bay won, we got the last period of the day off. [laughter] [applause] now we catholics call that indirect bribery. [laughter] but it worked. it's always great to be with one of the best governors in america, tony evers. [cheers and applause]
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i think it, and i mean it, only one word, integrity. you are a man of absolute integrity. [applause] and what i am really doing, i am really auditioning for a job with a little company that is going to build something out here. thank you for the comments you made about what we're doing. look, well she couldn't be here, i want to thank one of the best u.s. senators in the united states of america and a good friend of mine, tammy baldwin. [cheers and applause] you also have a great mayor in racine, corey mason. [cheers and applause] brad smith, president of microsoft, thank you for your partnership, for showing how we get things done and big things done in america. send thank you for your
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friendship. [applause] thank you for all that you do to benefit the american union movements. i got called to the most pro-union president in american history. i make no apologies for it. [applause] nine. i am serious. the middle-class built america. but unions built the middle class. [applause] i have been saying that for a long time. folks, i am here to talk about a great comeback story in america. i i'm sure you remember, racine was once a manufacturing town all the way through the 1960's. power companies. they invented the manufacturing windex, portable vacuum cleaners and so much more, powered by middle-class jobs. from then came trickle down
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economics, that cut taxes for the very wealthiest and biggest corporations. in the 1960's we shipped american jobs overseas because labor was cheaper. we slashed public investment in education and innovation and as a result, we hollowed out the middle class. my predecessor and his administration doubled down on that failed trickle-down economics along with the trail of broken promises. my dad used to have an expression. he said, -- my dad was a well read man and never went to college, but he was a good man all across the board. he said, a job is a lot more than about your paycheck. it's about your integrity, about your dignity. it's about being treated with respect. it's about being able to look your kid in the eye and say, honey, everything is going to be ok. [applause] in fact, six years ago when my predecessor came to racine with the promise of, quote, "reclaiming our country's proud
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manufacturing legacy," we heard that every week for four years and did not build a thing. give administration promised a billion-dollar investment by foxconn to build a new manufacturing complex to create 13,000 new jobs. in fact, he came here with your senator ron johnson literally holding a golden shovel promising to build the eighth wonder of the world. are you kidding me? [laughter] look what happened. they dug a hole with those golden shovels and then they fell into it. [laughter] they didn't shovel all the dirt. they did shovel some dirt. 100 homes were bulldozed. they wasted hundreds of millions of dollars, your state and local tax dollars to promise a project would never happen. foxconn turned out to be just that, a con.
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go figure. instead of creating 13,000 jobs in racine, my predecessor, rather than creating those manufacturing jobs, one thousand manufacturing jobs left racine. 85,500 total jobs left wisconsin during my predecessor's's term. but that's not on my watch from that we are determined to turn it around. thus far since we have come to office, we have created with the governor's over mobileme leadership, over 178,000 jobs in wisconsin. we are going to create more here in racine, and big time. [crowd cheering] some of my friends on the far right have criticized my investing in america agenda. which includes my bipartisan infrastructure law, the chips and science act, and inflation reduction act.
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a lot of businesses are supported as a key to economic growth that we are seeing now. remember you were hearing recession next week, recession next week. no soft landing. i asked business leaders like brad a simple question, when the united states decides to invest considerable resources in the new industry that we need to build, it does not encourage or discourage them engage in? the answer overwhelmingly is it encourages business investment. that is what we are seeing now with our administration. my investing in america agenda is fueling historic boom and rebuilding our roads and bridges , developing and deploying clean energy, revitalizing american manufacturing, and so much more . so far, we have created 860 $6 billion in private sector investment nationwide. almost $1 trillion. historic amounts in such a short time. literally creating hundreds of thousands of jobs. building new semiconductor
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factories, electric vehicles, and battery factories, and so much more here all here at america. today it is another example of private-sector optimism. microsoft's president pointed out, he is investing $3.3 billion to build a new data center here in racine that will operate one of the most powerful artificial intelligence systems in the world, and i have gone around the world, literally, not figuratively, meeting with the leading architects of ai. it is going to result in 23 hundred union construction jobs. [applause] and 2000 permanent workers to work in the data center. in addition, we are also providing a pipeline to train for these new jobs, a pipeline that starts right here at this very spot. microsoft is partnering with gateway technical community college right here to to
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train and certify 200 students a year to fill high-demand, good-paying jobs in data and in i.t. at microsoft's new data center. that is not all, microsoft is continuing to pipeline, going to high schools in nearby mount pleasant to train high school students for jobs of the future. as he pointed out, it will create 100,000 jobs over time. it is all part of microsoft's plan to build an artificial intelligence ecosystem right here in racine that is going to be transformative not just here, but worldwide. it is not only a significant investment in infrastructure in racine, but for the people overseeing. it means folks are getting trained in new, high-pain, high-skill jobs that don't require a four-year college degree and don't require you to leave home. you know where i come from, that really matters. i know what it's like when your
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parents have to move the family in search of work because there no jobs. what it does to the family's dignity. last year my wife jill announced our first five workforce hub sites to build a pipeline of workers and industries that are creating a new hometowns in phoenix, baltimore, columbus, ohio, augusta, georgia. building everything from semiconductors to electric vehicles. last month, i announced four new hubs to continue to train workers for the jobs of the future. one is in milwaukee that trains workers to help replace every poisonous lead pipe in america in a decade and funded by the infrastructure law. [cheers and applause] and by the way, buy america has been the law of the land since the 1930's, but has been ignored
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by past administrations. past administrations, including my predecessor's failed to buy america. not anymore. here is how it works. when the president -- when congress sends something to the president to build something , whether it is a road, a highway, an aircraft carrier, whatever it is, a law passed in the 1930's is supposed to hire american workers to build it and use american products. on my watch, under tammy's leadership, federal projects like the bridge here in wisconsin it will cost a billion dollars but it is all going to american-made products. all-american workers. it will create 10,000 new jobs. in addition to the roads and highways and so much more would be made with american products , built by american workers, creating good-paying american jobs. what is happening in racine is really important for another
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reason. we will see more technical community colleges, technical changes needed in the next 10 years than we saw in the last ai 50. is already driving that change in every part of american life from how we teach and learn to how we solve the biggest challenges from curing cancer to climate change. america is a global leader in ai. american companies lead the world in ai innovation and a lot of what we will see here in racine. because of our initiatives, american workers will power that innovation here in america. but, look,, to get the full benefit of all of these safeguards, we need safeguards. that is why i signed the landmark executive order which is the most significant action any government has taken anywhere in the world, has ever taken, for ai safety, security and trust. this order helps make sure workers have a seat at the table determining how these technologies are developed and
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used. [applause] for real. i will support workers in every industry by defending the right to a fair wage, to organize as these technologies emerge across the board. and they are going to happen. folks, -- [applause] during the previous administration, my predecessor made promises which he broke more than kept him left a lot of people behind in communities like racine. on my watch, we make promises and we keep promises. [cheers and applause] we leave no one behind. since i took office, we have added more than 178,000 jobs in wisconsin. the unemployment rate has hit a record numeral. and it is only just beginning. we are seeing the great american
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comeback story all across wisconsin and, quite frankly, the entire country. the bottom line is we're doing what is always work in this country, giving people a fair shot at leaving nobody behind them to the economy from the middle out on the bottom up, not the top down. when that happens, everybody does well. [applause] everybody does well. let me close with this. when folks see a new factory being built here in wisconsin, people going to work making a really good wage in their hometowns, i hope they feel the pride that i feel. pride in their hometowns making a comeback. pride in knowing we can get big things done in america still . folks, i have never been more optimistic, and i have only been around a couple of years, i know. [laughter] i know it don't look at, but i am 40-plus two.
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i swear to god, i have never been more optimistic about our future. we just have to remember who we are. we are the united states of america and there is nothing beyond our capacity when we work together. nothing. i mean that, nothing. [cheers and applause] god bless you all and may god protect our troops. thank you, thank you, thank you! [crowd cheering] ♪ [cheers and applause]♪
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