US Presidential election Biden announces new economic policy July 29, 8:26
Former Vice President Biden, who has secured the Democratic nomination for the presidential election in November, announced a new economic policy on the 28th. This time, the aim is to rectify discrimination between races, and the aim is to emphasize the difference from President Trump who has been criticized for responding to this problem.
The economic policy announced by former Vice President Biden on 28th aims to correct the economic disparities faced by blacks, Hispanics, and Native Americans, aiming for equality between races.
Specifically, we are investing more than ¥3 trillion in Japanese yen to create a fund to support SMEs, supporting housing purchases for people with low income, and lowering tuition fees at universities.
In the protest movement triggered by the death of a black man, there are complaints that it is a “structural problem” because employment opportunities and incomes are limited by race.
In his speech, Mr. Biden said, "President Trump is alarmingly raging in the country's racial discrimination," and severely criticized the current administration.
Mr. Biden wants to emphasize the difference with President Trump and make this issue a point of election election to spread support, but he pointed out that the economic policies announced so far are "left-handed" from the business world and others. In addition to what is being done, how to finance the generous support may be an issue.