Harris endorses small businesses and green economy in Detroit
by / ⠀News• Small Business• Startups / May 8, 2024
During a recent visit to Detroit, Vice President Kamala Harris endorsed the Biden administration’s focus on supporting small businesses, particularly those owned by minorities. Harris contrasted this strategy with the previous administration’s inclination towards offering tax breaks to billionaires. She insisted that the key to economic recovery lies in supporting individuals and businesses facing entry barriers.
While in Detroit, Harris emphasized the administration’s initiatives targeting small and medium-sized auto parts manufacturers. The aim is to urge these businesses to modernize their facilities and invest in employee training to facilitate a transition towards electric vehicles. This fits into the greater narrative of promoting a green economy.
The administration also seeks to reassure those employed in traditional auto manufacturing roles. They have conveyed that the shift to electric vehicles will not render them obsolete but instead open up new opportunities. This approach is designed to ensure job security amidst significant changes in the auto industry.
The Biden administration has continuously committed to maintaining an eco-friendly auto industry through proposed transitions to electric vehicles. This shift has been met with criticism and fear of potential job losses.