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Build Back Better Will Create Millions of Jobs, Help Working Families
The Teamsters and many other pro-worker groups have continually voiced their support for the Build Back Better Act (BBBA), which would enact much of President Biden’s economic platform. Why, you may ask? Well, there are about 2.3 million reasons why. And that’s only in the first year after it’s enacted.
The Economic Policy Institute (EPI) earlier this month announced the legislation would create that many jobs each year over the first five years of its implementation. That would raise the financial fortunes of millions of working Americans trying to support their families.
BBBA, EPI stated, “is a supply-side economic plan that enables more working-age people to participate productively in the U.S. economy and invests in the long-term achievement of younger generations. Such policies provide a countervailing force against current inflationary pressures and provide insurance against the economic recovery faltering under too little policy support—a costly mistake made during the Great Recession of 2007-2009.”
Investments in pre-K, child care and paid leave – among other things – would fuel a transition to a modern economy that provide much-needed support for families. And with the plan fully paid for, it really makes no sense for lawmakers not to approve it.
Why is the approval of Biden’s Build Back Better agenda essential? Because working Americans have received the short end of the stick for too long. Under the previous administration, the wealthy and big business were rewarded with unnecessary tax cuts while those living paycheck-to-paycheck were left to their own devices.
Enacting BBBA would be the perfect follow up to the president’s signing on Monday of the $1.2 trillion infrastructure bill into law. EPI previously stated that legislation would create about 772,000 jobs a year. That’s what this country needs – good jobs that pay fair wages.
But instead of moving on these changes, too many in Congress are throwing up roadblocks. The time for these political machinations is over. American needs to invest in working families who are struggling under the burden getting their jobs done daily while caring for loved ones at home.
Our nation needs good-paying jobs and a culture change that supports those on the job. It must happen now.