Thread by @WhiteHouse

For years, the US has fallen behind other major economies in some of the most critical areas to our economic competitiveness. Together, the Build Back Better Agenda and Bipartisan Infrastructure Deal will position the US to win the race for the 21st century.

THREAD:

China has manufactured more than twice the number of electric vehicles (EVs) as the US. President Biden’s infrastructure deal and Build Back Better Agenda will close the gap by establishing a national network of EV chargers and providing tax credits for consumers buying EVs.

In a 2020 evaluation of “energy transition readiness,” the World Economic Forum ranked America behind Australia, Germany, Japan, and others.

The Bipartisan Infrastructure Deal will make the largest investments in clean energy transmission and climate resilience in US history.

If US women between the ages of 25 and 54 participated in the labor force at the same rate as they do in Canada or Germany, there would be 5 million additional women in the labor force -- translating into more than $500 billion additional economic activity per year.

The Build Back Better Agenda will make universal preschool a reality, lower child care costs, and establish a national comprehensive paid family and medical leave program. Americans will no longer be forced to make an impossible choice between a job and caring for a loved one.

The US has fallen behind its global competitors in areas like physical infrastructure and manufacturing.
China produces more steel in a month than the US produces in a year, and spends 3 times what we do on infrastructure.

The Bipartisan Infrastructure Deal will invest in upgrading our physical infrastructure — roads, bridges, high-speed rail — and revitalize US manufacturing in industries like auto and steel. The plan will set the US back on track to lead our competitors and win the 21st century.