Score another one for Joe Biden
While the former guy loved to talk about American greatness and the return of manufacturing jobs to the US, that sector of the economy actually went into recession mode under his watch – and it happened even before everything shut down due to COVID. Under President Biden, however, we’re seeing a whole lot of manufacturing jobs return to the US in record numbers.
The latest breakthrough happened on Tuesday when the Department of Energy announced a $2.5 billion loan to Ultium Cells LLC, a joint venture between both General Motors and LG Energy Solutions for making lithium ion battery cells, which will be built in factories throughout Ohio, Michigan, and Tennessee.
“This loan will jumpstart the domestic battery cell production needed to reduce our reliance on other countries to meet increased demand and support President Biden’s goals of widespread EV adoption and cutting carbon pollution produced by gas-powered vehicles,” said the U.S. Dept. of Energy Secretary Jennifer Granholm.
While Republicans under Trump were trying to subsidize the backwards and dangerous coal industry in order to keep baiting a largely white base of voters into voting Republican, this administration clearly has its eye on the future and by 2024, the party will have a lot to run on for re-election.
James Sullivan is the assistant editor of Brain World Magazine and an advocate of science-based policy making