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Speech: Joe Biden Addresses the National Building Trade Union Conference - April 6, 2022
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Joe Biden Person
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Unidentified Person
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Jack McGarvey Person
Joe Biden
Positive
00:00:00-00:00:00 ( sec)
"It's good to be home! [Applause] Whoa. [Audience chants "Joe"]"
1
Joe Biden
Very Positive
00:00:00-00:00:00 ( sec)
"Thank you. Thank you, thank you, thank you. [Audience chants "Joe"]"
2
Joe Biden
Very Positive
00:00:00-00:00:47 (47 sec)
"Thank you. Thank you. Thank you, thank you, thank you, thank you. You better stop; I'll start believing it. [Laughter] Please, have a seat if you have one."
3
Joe Biden
Very Negative
00:00:47-00:01:24 (37 sec)
"It's good to be home! [Applause] You know, I look out there and I see an awful lot of you who -- as they say in Claymont, Delaware -- "who brung me to the dance." And I -- no, I really mean it. There is no exaggeration: I'd not be standing here without labor, without union -- union labor. [Applause]"
4
Joe Biden
Very Positive
00:01:24-00:01:45 (21 sec)
"Folks, as we used to say when I was a senator, "If you'd excuse the point of personal privilege" -- before I turn to my main remarks, I'd like to -- I have to briefly address the horrifying reports of the atrocities taking place in Ukraine and the steps the United States is taking to respond in close coordination with our Allies and our partners."
5
Joe Biden
Very Negative
00:01:45-00:02:15 (30 sec)
"And I'm sure you've seen the pictures from Bucha and out -- just outside of Kyiv: bodies left in streets as Russian troops withdrew, some shot in the back of the head with their hands tied behind their backs; civilians executed in cold blood; bodies dumped into mass graves. The sense of brutality and inhumanity left for all the world to see unapologetically. There's nothing less happening than major war crimes."
6
Joe Biden
Very Negative
00:02:15-00:02:51 (36 sec)
"Responsible nations have to come together to hold these perpetrators accountable. And together with our Allies and our partners, we're going to keep raising the economic cost and ratchet up the pain for Putin and further increase Russia's economic isolation. [Applause]"
7
Joe Biden
Slightly Positive
00:02:51-00:03:19 (28 sec)
"Folks, the steps we've already taken are predicted to shrink Russia's gross domestic product by double digits this year alone. Just in one year, our sanctions are likely to wipe out the last 15 years of Russia's economic gains. And because we've cut Russia off from importing technologies like semiconductors and encryption security and critical components of quantum technology that they need to compete in the 21st century, we're going to stifle Russia's ability and its economy to grow for years to come. [Applause]"
8
Joe Biden
Leans Positive
00:03:19-00:03:30 (10 sec)
"Folks, this is the United States, and we're taking additional steps in lockstep with our Allies and partners to raise the economic pressure on Putin."
9
Joe Biden
Slightly Positive
00:03:30-00:03:51 (21 sec)
"First, the United States will impose full blocking sanctions on Sberbank, by far the largest financial institution in Russia, and Alfa Bank, its largest private bank. We're locking down any accounts, any funds that those banks hold in the United States. They'll not be able to touch any of their money. They'll not be able to do any business here."
10
Joe Biden
Very Negative
00:03:51-00:04:15 (24 sec)
"And, second, I'm going to sign an executive order that's going to ban any new U.S. investment in Russia -- more than 600 private sector companies. [Applause]"
11
Joe Biden
Very Negative
00:04:15-00:04:32 (17 sec)
"Folks, corporate America is stepping up, a change. From McDonalds to Exxon, they've left the Russian market on their own accord -- 600 of them. Think about that. The private businesses choosing to leave Russia rather than risk being associated with Putin's brutal war."
12
Joe Biden
Neutral
00:04:32-00:04:45 (13 sec)
"And this ban on investment is going to make sure that new money cannot come in to Russia to replace what's left so that the Russian economy doesn't feel the loss -- and the loss of these businesses for the long term."
13
Joe Biden
Very Negative
00:04:45-00:05:00 (15 sec)
"Third, we're adding more critical state-owned enterprises to the list of fully blocked Russian companies. These companies are major revenue generators owned by Russia and the government, which Putin uses to fund himself and enable his war in Ukraine."
14
Joe Biden
Very Positive
00:05:00-00:05:09 (8 sec)
"They'll also be cut off from doing any business with the United States. They will not be able to access or use any assets they have in the United States."
15
Joe Biden
Neutral
00:05:09-00:05:21 (12 sec)
"And, fourth, we, along with our European allies, are adding the names to the list of Russian elites and their families that we are sanctioning. Did you see these yachts we're -- that are being picked up? [Audience member calls out "Yeah"]"
16
Joe Biden
Very Negative
00:05:21-00:05:32 (11 sec)
"No -- no, think about it. Think about the -- the incredible amounts of money these oligarchs have stolen. These yachts are a hundred -- millions and millions of dollars."
17
Joe Biden
Somewhat Positive
00:05:32-00:05:47 (15 sec)
"Look, these oligarchs and their family members are not allowed to hold on to their wealth in Europe and the United States and keep these yachts worth hundreds of millions of dollars, their luxury vacation homes, while children in Ukraine are being killed, displaced from their homes every single day."
18
Joe Biden
Slightly Negative
00:05:47-00:06:11 (24 sec)
"And, finally, we're continuing to supply Ukraine with the weapons and resources to defend their country. Last Friday -- [applause] -- last Friday, we announced millions in funding to procure new equipment for Ukraine -- advanced drones, laser-guided rocket systems."
19
Joe Biden
Neutral
00:06:11-00:06:31 (21 sec)
"Yesterday, I signed another package to send more Javelins missiles -- those shoulder-mounted missiles that can take out tanks and armored vehicles -- [applause] -- to keep getting an uninterrupted supply to the Ukrainian military."
20
Joe Biden
Leans Negative
00:06:31-00:06:57 (26 sec)
"You know, we won't be able to advertise every piece of security we give because our Allies and partners are supplying to Ukraine through us, but advanced weapons and ammunition are flowing in every single day."
21
Joe Biden
Very Negative
00:06:57-00:07:23 (26 sec)
"And as you may have seen yesterday on television, when the Secretary of Defense was being cross-examined by one of our -- how can I say it? -- our congresspersons -- [laughter] -- saying, "What have you done?" And he basically looked at him and said, "What the hell do you think we've done? Why do you think they're able to fight? We've trained them and we've given them the weapons." That's what's happening. [Applause]"
22
Joe Biden
Very Negative
00:07:23-00:07:27 (5 sec)
"Look, thanks to the bravery, the grit, and the fight- -- the fighting spirit of the Ukrainian people, Russia has already failed in its initial war aims. Russia wanted to take Ukraine's capital city of Kyiv and topple its democracy and elected government."
23
Joe Biden
Somewhat Negative
00:07:27-00:07:35 (8 sec)
"Today, Kyiv still stands, and that government still presides. This fight is far from over. [Applause]"
24
Joe Biden
Very Positive
00:07:35-00:07:45 (10 sec)
"And here's the point: This war could continue for a long time, but the United States will continue to stand with Ukraine and the Ukrainian people in the fight for freedom. And I just want you to know that."
25
Joe Biden
Very Negative
00:07:45-00:07:48 (3 sec)
"And, by the way, if I got to go to war, I'm going with you guys. [Applause] I'll tell you. [Inaudible] I mean it."
26
Joe Biden
Positive
00:07:48-00:08:29 (40 sec)
"I want to talk about -- [applause] -- I want to talk about what I'm here today to talk about: You women or men in the American union movement remember, you know, when the Fair Labor Standards Act was first passed, everybody said you "can" have unions. It didn't say that. It says we "should" have more unions. We should. American labor of the Building Trades Unions. [Applause]"
27
Joe Biden
Neutral
00:08:29-00:08:33 (4 sec)
"President McGarvey. And, by the way, Dad, Jack -- where are you, Jack?"
28
Unidentified
Neutral
00:08:33-00:08:37 (3 sec)
"Right in front there."
29
Joe Biden
Positive
00:08:37-00:08:39 (3 sec)
"I'll tell you what, Dad, as they say in southern Delaware, "You done good with this boy." [Laughter and applause]"
30
Joe Biden
Slightly Positive
00:08:39-00:09:13 (34 sec)
"And, you know, I just know Jack is a Philadelphia guy. You know why? He -- I just asked Sean. I said, "Where is... " He said, "Well, he's down the shore." Now, if you're from Philadelphia or Jersey, you go to "the shore." If you're from northern Delaware, you go to "the shore." A little bit further south, you go to "the beach." [Laughter] You go to the beach. You can always tell where someone is from."
31
Joe Biden
Slightly Negative
00:09:13-00:09:33 (20 sec)
"And, Dad, I asked whether or not -- whether or not you -- like my wife Jill, who is from Philly -- still talks about "Broad Street." The Broad Street Run, you know? And -- and, you know, "Jeet, yet?" You know? [Laughter] You know, I -- I had to learn to speak Philadelphian when I got married. [Laughter]"
32
Joe Biden
Very Positive
00:09:33-00:09:37 (4 sec)
"But, Dad, it's an honor to meet you from a distance here. Thank you."
33
Jack McGarvey
Somewhat Positive
00:09:37-00:09:39 (2 sec)
"Thank you very much."
34
Joe Biden
Somewhat Positive
00:09:39-00:09:46 (7 sec)
"Thank you very much. [Applause]"
35
Joe Biden
Positive
00:09:46-00:09:47 (2 sec)
"Look -- it's good to be with you all, and I mean that."
36
Joe Biden
Neutral
00:09:47-00:10:21 (33 sec)
"You know, there's an old expression, as I said earlier: "You go home with them that brung you to the dance." And you all -- you folks brought me to the dance. And the people that brought me to the dance were union workers -- not just workers, union workers: IBEW, Ironworkers, Boilermakers, Teamsters, Laborers, Bricklayers, Masons, Plumbers and Pipefitters, Painters, Plasterers, Roofers, Operating Engineers, Steel Metal Workers. You're all represented in this room -- and so many more who are not in the building trades that are union members across the country."
37
Joe Biden
Very Positive
00:10:21-00:10:26 (5 sec)
"I want to thank you for what you did to support my election this last time out."
38
Joe Biden
Very Positive
00:10:26-00:10:55 (30 sec)
"I remember going to a guy sitting down here a little further to the right when I refused to -- I wasn't going to introduce my -- my climate plan until I decided I was going to speak a guy from the IBEW because I wanted to make sure you all knew what I was doing and why it not only was good for the environment, but good for labor. And I sat down with that guy right there. And he thought about it, and he went out and he talked to other people, and you all stepped up."
39
Joe Biden
Very Positive
00:10:55-00:11:05 (10 sec)
"And I mean it sincerely: You're probably the biggest reason why I'm standing here today. I've never forgotten not only what you've done for me but, more importantly, what you've done for this country."
40
Joe Biden
Neutral
00:11:05-00:11:19 (14 sec)
"You're the ones who literally built this country, and that's not hyperbole. And you heard it a thousand times when I was running for office, that we're going to build this economy not from the top down anymore, but from the middle up and out. That's how you build America."
41
Joe Biden
Somewhat Positive
00:11:19-00:11:26 (7 sec)
"Because we know that when the middle class does well, the poor have a way up and the wealthy are just fine. And that's exactly what we're doing."
42
Joe Biden
Neutral
00:11:26-00:11:33 (7 sec)
"And, by the way, the reason there is a middle class is because of unions. Unions. [Applause] Fact. Unions. That's a fact. [Applause]"
43
Joe Biden
Very Positive
00:11:33-00:12:06 (33 sec)
"That's true. And look, it's not only to provide a good living but what you do more than anything else -- what my dad used to say -- you allow people to have dignity -- the dignity of their work, to be treated with respect."
44
Joe Biden
Very Positive
00:12:06-00:12:22 (16 sec)
"When it comes time to rebuild the economy -- before I did anything, as I said, I talked to you. I laid out my plan for economic growth. I talked with a lot of the folks sitting behind me here and others in the union movement. And with your help, it was a darn good plan."
45
Joe Biden
Positive
00:12:22-00:12:39 (17 sec)
"And look at the results: Our economy created 431,000 jobs in March -- [applause] -- 7.9 million since I became President. More jobs in 14 months than any President in the history of America has ever created because of you."
46
Joe Biden
Negative
00:12:39-00:12:54 (15 sec)
"Unemployment is down to 3, 6 -- 3.6 percent from 6.4 when I took office -- the fastest decline in unemployment from the start of a term of a President ever recorded because of you. And the economy grew 5.7 percent last year -- the fastest growth in 40 years."
47
Joe Biden
Negative
00:12:54-00:13:07 (13 sec)
"I know people are still hurting. I'm not -- I'm not unaware of it. As my dad would say, every time that price of gas went up at the pump, guess what? It was a conversation at our kitchen table that mattered. It'd affect outcomes. It affected what we did."
48
Joe Biden
Somewhat Negative
00:13:07-00:13:20 (13 sec)
"But in the process, we were able to cut the deficit by $360 billion last year. And it's been a long, tough stretch, but Americans are back to work. Our economy has gone from being on the mend to being on the move."
49
Joe Biden
Very Negative
00:13:20-00:13:36 (16 sec)
"It started with the American Rescue Plan. When I took office in the midst of the worst economic crisis since the Great Depression, you all remember the lines of cars stretching for miles, waiting for a box of food to be put in their trunk -- not just poor folks, folks across the board waiting for that box of food."
50
Joe Biden
Very Positive
00:13:36-00:13:46 (10 sec)
"Because of the American Rescue Plan -- helped 41 million Americans put food on their table. Because of the American Rescue Plan, we helped keep a roof over the heads of 4 million people. [Applause]"
51
Joe Biden
Neutral
00:13:46-00:14:01 (15 sec)
"When you helped get that plan passed, 4 million people were on the verge of being evicted from their homes and apartments. That's a fact, not a joke. Four million."
52
Joe Biden
Slightly Negative
00:14:01-00:14:13 (12 sec)
"The Rescue Plan put money in the pockets of hardworking Americans who, through no fault of their own, were in trouble, giving families what my dad used to call "just a little bit of breathing room." "Just a little bit of breathing room.""
53
Joe Biden
Very Positive
00:14:13-00:14:31 (18 sec)
"Because of the Rescue Plan, we had the best year of state and local job growth in 20 years, adding back 467,000 jobs; and the educators, firefighters, police officers who were laid off got back on the job. We made a -- you made a gigantic difference."
54
Joe Biden
Very Positive
00:14:31-00:14:57 (26 sec)
"In addition, because of the Rescue Plan, 320,000 construction jobs last year. [Applause] 320,000. You're building America again! [Applause]"
55
Joe Biden
Leans Negative
00:14:57-00:15:04 (7 sec)
"I meant what I said. We're the only nation in the world that's come out of every serious problem we've had stronger than when we went in."
56
Joe Biden
Neutral
00:15:04-00:15:07 (3 sec)
"And there are now more construction jobs today than we had before the pandemic."
57
Joe Biden
Negative
00:15:07-00:15:18 (12 sec)
"A leading financial firm, Moody's, from Wall Street, estimates that because of the Rescue Plan, 4 million more jobs were created and unemployment is 2 percent lower than it would have been had we failed to act."
58
Joe Biden
Very Positive
00:15:18-00:15:51 (32 sec)
"But, look, that wasn't all we did to the Rescue Plan. We also included the law called the Butch Lewis Act -- [applause] -- you know what it is; most people don't -- to ensure that as we rebuilt America, we upheld a promise -- a promise to secure a dignified retirement for millions of workers and retirees all across America, protecting pensions you all worked so damn hard for, you sacrificed to secure."
59
Joe Biden
Slightly Negative
00:15:51-00:16:08 (17 sec)
"And it didn't stop there. Because we can't compete for the jobs of the 21st century if we don't fix our infrastructure. That's why it was so important to pass the Bipartisan Infrastructure Law. You know, and now not only is it "Infrastructure Week" finally arrived, it's infrastructure decade. Infrastructure decade. [Applause] No, for real."
60
Joe Biden
Positive
00:16:08-00:16:48 (40 sec)
"Already -- already, as all of you know, we've announced nearly $5 billion to improve 3,000 airports across 50 states this year. We've announced $5 billion, including $615 million this year alone so Lonnie Stephenson and the IBEW can get to work building a national network of electric vehicle charging stations -- 500,000 across the country."
61
Joe Biden
Very Positive
00:16:48-00:17:01 (13 sec)
"We've announced $4.7 billion to cap and plug hundreds of thousands of orphaned wells and gas wells spewing methane into the air, creating jobs as good as the jobs the folks who dug those wells got paid in the first place. Same folks."
62
Joe Biden
Neutral
00:17:01-00:17:37 (36 sec)
"Folks, nearly $17 billion for ports, waterways, and dams; 700 projects already announced across 50 states; $52.5 billion for highways and road repairs this year; $5.4 billion for bridges this year. The I-5 Bridge over the Columbia River in Washington State. [Applause] The I-95 Bridge in West Haven, Connecticut. The Jefferson Highway, U.S. 61 in East Baton Rouge Parish in Louisiana. The list goes on."
63
Joe Biden
Negative
00:17:37-00:17:55 (18 sec)
"And not only that. We're getting rid of poisonous lead pipes in 10 million homes and 400,000 schools and childcare centers -- [applause] -- so kids and families can have drinking water that doesn't poison them."
64
Joe Biden
Positive
00:17:55-00:18:17 (22 sec)
"Look, folks, this is America -- the United States of America. We're investing $65 billion to deliver affordable high-speed Internet everywhere in America -- urban, rural, suburban, and Tribal communities. You can't be a country where a mother has to pull, with her child, up in her car to a McDonald's parking lot to connect to an Internet so the kid can do their homework."
65
Joe Biden
Positive
00:18:17-00:18:22 (5 sec)
"I mean, think about that. It's the United States of America."
66
Joe Biden
Slightly Positive
00:18:22-00:18:27 (5 sec)
"Look, this law puts an end to that and creates thousands of jobs doing it -- good-paying jobs. [Applause]"
67
Joe Biden
Neutral
00:18:27-00:18:42 (15 sec)
"And, look, what this means for all of you is jobs -- good-paying union jobs; jobs you can raise a family on; jobs you -- can't be outsourced."
68
Joe Biden
Very Positive
00:18:42-00:19:06 (23 sec)
"This is about more than rebuilding our infrastructure. It's about rebuilding our middle class. I'm so sick and tired. I was raised by a dad -- not a joke -- who, when things would go bad -- I remember we lived in a -- we weren't poor, but we lived in a three-bedroom, split-level house with four kids and a grandpop living with us. And I -- looking back on it, we thought it was great, but I wonder how my mom and dad thought about it. [Laughter]"
69
Joe Biden
Very Negative
00:19:06-00:19:32 (26 sec)
"Because -- and I remember one night -- true story -- I remember on my -- my headboard with a bunk bed I was in. We had two sets of bunks in my -- in our room. And one was up against the wall that divided between my mom's bedroom and ours. And I could tell my dad was restless; I could hear him. And I asked my mom the next morning what was the matter. She said, "He just found out he lost insu- -- we lost our insurance, honey. We lost our insurance.""
70
Joe Biden
Leans Negative
00:19:32-00:19:42 (10 sec)
"Well, guess what? You -- you are the ones who keep millions of people from losing their insurance. Unions built the middle class. We have to rebuild the middle class."
71
Joe Biden
Positive
00:19:42-00:19:53 (11 sec)
"That's why we made sure that the Infrastructure Law included significant labor protections. For example, overwhelming -- the overwhelming majority of the funds included in this law are subject to Davis-Bacon requirements. [Applause]"
72
Joe Biden
Neutral
00:19:53-00:20:21 (28 sec)
"And, by the way, as you may remember, when I -- the -- President Obama asked me to do the Recovery Act back in our administration, the previous one, we didn't do anything you guys didn't do. If they wanted the money, they had to show me that they were doing it and prevaying [sic] -- paying a prevailing wage."
73
Joe Biden
Very Positive
00:20:21-00:20:58 (38 sec)
"As you know, that means folks who are rebuilding the country are going to earn a prevailing wage now. And, by the way, the Labor Department, led by a proud former president of the Laborers' Union 223, Marty Walsh -- [applause] -- good man. If I'm in a foxhole -- if I'm in a foxhole, I want Marty next to me. [Laughs] Look, he recently proposed a new regulation to strengthen prevailing wage."
74
Joe Biden
Very Positive
00:20:58-00:21:14 (16 sec)
"Another thing the law does is help expand registered apprenticeships. Wasn't it wonderful when businesses said, "Don't worry, we'll do the apprenticeships"? Wasn't that a great, generous thing for them to do early on? Well, come on, man -- union partnerships that allow workers to earn while they learn, that matters."
75
Joe Biden
Very Positive
00:21:14-00:21:46 (32 sec)
"Because laying a strong foundation for the future of this country is about more than having strong roads and bridges, ports and airports that can compete with any in the world. It's also about making sure that here, in America, folks who work hard and live their lives, they have an opportunity to live it with dignity and respect. That's what unions are about, in my view -- about providing dignity and respect for people who bust their neck."
76
Joe Biden
Very Positive
00:21:46-00:22:23 (36 sec)
"That's why I created the White House Task Force on Worker Organization and Empowerment to make sure the choice to join a union belongs to workers alone. And, by the way -- [applause] -- by the way: Amazon, here we come. [Applause] Watch. Watch."
77
Joe Biden
Slightly Positive
00:22:23-00:22:37 (14 sec)
"Well, it's why I've called on Congress to finally pass the PRO Act and send it to my desk. [Applause]"
78
Joe Biden
Very Positive
00:22:37-00:22:56 (19 sec)
"And that's why we're strongly encouraging grantees who get infrastructure funding to use -- use what we know as the project labor agreements -- you know what they are; the vast majority listening to this won't know -- which helps ensure that people building major projects are well-trained, highly-skilled workers who have a voice on the work site."
79
Joe Biden
Positive
00:22:56-00:23:08 (11 sec)
"Look, you all know why this matters. Union members get higher wages and benefits like healthcare and insurance and paid leave; protections against discrimination and harassment; safer, healthier workplaces."
80
Joe Biden
Very Positive
00:23:08-00:23:17 (9 sec)
"But there's another reason -- the basic American reason: Workers who join a union gain power -- the power over the decisions that affect their lives."
81
Joe Biden
Neutral
00:23:17-00:23:32 (15 sec)
"When you've got a union, workers' voices are heard and heeded. Unions provide, in one word, democracy in the workplace. Organizing, joining a union -- that's a democratic and democracy action -- in action."
82
Joe Biden
Very Positive
00:23:32-00:23:42 (10 sec)
"Unions aren't just good for the workers who join them. Rebuilding America with union labor is smart for business and the American public and for our entire country."
83
Joe Biden
Very Positive
00:23:42-00:23:57 (15 sec)
"Union workers -- and I'm not just saying because you're sitting there, but giving you my word -- you're the best in the world at what you do -- highly skilled, highly trained. You've got a voice in the workplace, a sense of ownership in the project."
84
Joe Biden
Very Positive
00:23:57-00:24:09 (13 sec)
"When union workers are on the job, projects are completed efficiently and they're completed professionally. That's good for the American taxpayer. It's good for families in every neighborhood where infrastructure projects are underway, and --"
85
Joe Biden
Neutral
00:24:09-00:24:14 (5 sec)
"So we're going to keep investing in you and your families. We can and we must do more."
86
Joe Biden
Negative
00:24:14-00:24:35 (21 sec)
"For example, there are nearly 1.2 million extremely qualified women who haven't returned to the workforce. There's a simple reason: There's no affordable childcare for them. [Applause] Many families pay up to -- in this city and other major cities, they pay up to $14,000 a year for one child."
87
Joe Biden
Slightly Negative
00:24:35-00:24:53 (18 sec)
"When I got to the Senate, as some of you know, right after I got elected in November 17 -- in December 18th, after that election, I got a phone call saying my wife and daughter had just been killed. A tractor trailer broadsided them, and my two boys weren't al- -- weren't supposed to make it. My boys did make, thank God."
88
Joe Biden
Neutral
00:24:53-00:24:57 (4 sec)
"But the point was, everybody thinks I commuted every day because I was this good"
89
Joe Biden
Very Positive
00:24:57-00:25:23 (26 sec)
"father wanting to go home. That's true. But -- but I couldn't afford daycare. So I had my mom and my sister and my brother -- I had to do it from home. I had no choice. And I was making a good salary. I think, at the time, we were making $42,000 a year, which was a fair amount of money. I couldn't afford childcare. And these women can't afford it either."
90
Joe Biden
Leans Negative
00:25:23-00:25:46 (23 sec)
"If you capped childcare, as I have proposed, at 7 percent of a family's income making less than 125 grand a year, it could cut co- -- in half the costs of childcare, saving thousands of dollars and freeing so many people to be able to go back to work, particularly these women who are totally qualified but have no alternative but to stay home."
91
Joe Biden
Somewhat Positive
00:25:46-00:26:00 (14 sec)
"Or take prescription drugs, like insulin. Many of you know people who have Type 1 diabetes -- another reason for insulin. Do you know how much it costs to make that vial of insulin? Ten dollars -- T-E-N. Ten dollars."
92
Joe Biden
Neutral
00:26:00-00:26:17 (18 sec)
"But you see families paying, on average, over $641 a month for that insu- -- up to $1,000 a month. Think about those 200,000 kids out there -- maybe some of your children -- who have Type 1 diabetes. Two hundred thousand."
93
Joe Biden
Leans Negative
00:26:17-00:26:35 (18 sec)
"And think about what it does to a parent who looks at their child, doesn't have insurance, doesn't have the cash, and wonders, "My God, what am I going to do? I have no idea how we're going to pay for what we need so desperately.""
94
Joe Biden
Very Negative
00:26:35-00:26:57 (22 sec)
"It not only puts the child's life in jeopardy, it strips you of your dignity. How can you look at your child, knowing they need this but there's no way? You don't qualify for it because you're making some money, but you don't have enough money to pay for that monthly bill."
95
Joe Biden
Very Positive
00:26:57-00:27:03 (6 sec)
"It's easy. We can cap insulin at $35 a month. They'll still make 350 percent profit."
96
Joe Biden
Neutral
00:27:03-00:27:21 (18 sec)
"Look, there's so much more we can do if we let Medicaid be able to do what they do. Those of you who are veterans, they negotiate -- Veterans Administration negotiates with Medicare for the pri- -- for the price they charge. It's a big deal. They still make a lot of money."
97
Joe Biden
Neutral
00:27:21-00:27:45 (24 sec)
"But what's going on now -- we can do it all without adding to inflation. You don't have to believe me that -- about that. Seventeen Nobel laureates in economics within the last six months wrote to me independently and said, "Guess what? If you do what you're talking about, it will not only not increase inflation, it will reduce the impact on inflation.""
98
Joe Biden
Very Positive
00:27:45-00:27:59 (14 sec)
"We can do this without raising a penny in taxes on anyone making under $400,000. We have to do it. All we have to do is ask the wealthiest Americans among us and major corporations to pay their fair share -- just a little bit more. [Applause] Really. Not a joke. It's not a joke."
99
Joe Biden
Slightly Positive
00:27:59-00:28:39 (40 sec)
"I made a commitment: No one making less than $400,000 in my administra- -- while I'm President will pay a many -- a penny more in taxes. That's why I held up the passage of the -- of the Infrastructure Bill. They wanted to add a fee for highways. I said, "No. People -- ordinary people are going to be paying for that. I'm not for that." We got to have everybody chip in and pay their fair share."
100
Joe Biden
Very Negative
00:28:39-00:28:59 (20 sec)
"Look, folks, there's no reason why someone making $10 million a year should pay a lower tax rate than a married couple who are a firefighter and a schoolteacher. But that's how it works. [Applause]"
101
Joe Biden
Slightly Negative
00:28:59-00:29:14 (16 sec)
"I mean, for real, there's no reason why, in 2020, the 55 of the companies -- Fortune 500 companies paid zero in federal income tax and they made $40 billion. Zero. Zero."
102
Joe Biden
Positive
00:29:14-00:29:24 (10 sec)
"Look, I'm a capitalist. If you can go out and make a million or a billion dollars, go at it. But for God's sake, chip in and pay your fair share. [Applause]"
103
Joe Biden
Leans Positive
00:29:24-00:29:59 (35 sec)
"I think -- you know, a lot of my friends are registered Republicans living out there. They think that too. I mean, it's just so outrageous. That $2 trillion tax cut, the last guy -- what was his name? Anyway, the last guy. [Laughter] I forgot it. He never showed up for the inauguration, but anyway. [Laughter and applause]"
104
Joe Biden
Neutral
00:29:59-00:30:16 (17 sec)
"But all kidding aside -- I shouldn't kid. But that tax cut basically went to the top one tenth of 1 percent of the American public. And it didn't grow the economy."
105
Joe Biden
Slightly Negative
00:30:16-00:30:30 (15 sec)
"Look, the bottom line is this: The United States is in a position to outcompete the world once again. If we can keep coming together to invest in the backbone of America, there's no limit to what we can achieve."
106
Joe Biden
Very Positive
00:30:30-00:30:50 (20 sec)
"When I -- I wasn't going to run again, as some of you know. Some of you are my friends. But when I finally decided to run -- and my kids encouraged it because -- anyway, I won't go into that. [Laughter] But I finally decided to run. And the fact of the matter is I made a judgment that we just had to -- there's no reason why we have to keep it the way it's been."
107
Joe Biden
Negative
00:30:50-00:30:59 (9 sec)
"When's the last time trickle-down economy has trickled anybody you know? [Laughter] No, I'm serious. I'm not joking. I'm not joking."
108
Joe Biden
Very Positive
00:30:59-00:31:40 (41 sec)
"So, look, I said I was running for three reasons back then. One, to restore the soul of this country. And by that, I meant decency and honor and honesty and what we're going to do to. And two, to rebuild the backbone of America. [Applause] To rebuild the backbone of America, which is the middle class and working people. And two -- and three, to try to unify the country. That's been the hardest thing so far. Not a joke. But we're going to get there, because you can't have a democracy function unless you can generate consensus. You ultimately have to unify it, as angry as I sometimes get."
109
Joe Biden
Slightly Positive
00:31:40-00:32:04 (24 sec)
"So, look, America -- this is a fact: America has always counted on union workers. And given just half a chance, you have never, ever, ever -- not a -- you've never let the country down. We're counting on you again. And you can count on me to keep fighting for you, I promise you. [Applause]"
110
Joe Biden
Very Positive
00:32:04-00:32:11 (8 sec)
"And, folks, let's continue giving working families a fighting chance. Let's face the challenge ahead. And let's keep building a better America. [Applause]"
111
Joe Biden
Neutral
00:32:11-00:32:30 (19 sec)
"And one last thing. We're announcing today an investment through the Infrastructure Law -- the largest investment in public transit in American history: $20.5 billion. [Applause]"
112
Joe Biden
Very Positive
00:32:30-00:32:42 (12 sec)
"It's going to accomplish two big things: create more good union jobs using products made in America and reduce pollution at the same time, while making it safer and easier for folks to get to work."
113
Joe Biden
Very Positive
00:32:42-00:32:59 (16 sec)
"Let's keep going. Let's keep building. Let's keep it on the way. Thank you, thank you, thank you. May God bless you. And may God protect our troops. Thank you. [Applause]"
114