Joe Biden plans to pay tribute to America’s steady growth and hit Republican economic projects in what the White House promises will be a “big” speech on Thursday, AFP reports.

The US president, who is expected to say soon whether he will run again in 2024, will praise the “significant economic progress achieved under his leadership” at a meeting of workers in Virginia, near Washington.

Joe Biden, who has not commented so far, is likely to welcome Thursday’s solid economic statistics.

US gross domestic product growth was indeed set at 2.1% for all of 2022.

According to the same source, the 80-year-old Democrat wants to show how the massive stimulus and investment plans enacted since he entered the White House two years ago “have helped (the economy) overcome the crisis and laid the foundation for strong and sustainable growth.”

He will use this opportunity to create a group within his administration called Invest in America, which will be led by several ministers.

But Joe Biden, in what appears to be almost a run-up to the election, also plans to strike at the economic plans of his Republican opponents, while former President Donald Trump, already a candidate for the 2024 election, plans to kick off his campaign in earnest this weekend. .

The plans of conservatives, who now control the House of Representatives, represent the “biggest threat” to the economy, White House sources told AFP.

Thus, the American president wants to go “on the offensive” to criticize, in particular, the proposal for a general consumption tax of 30% and rebuke the right for wanting to cut social benefits.