Biden’s visit is an effort to show his post-COVID economic strategy dubbed “Bidenomics” is working.
President Joe Biden is scheduled to visit Belvidere on Thursday, celebrating the United Auto Workers’ contract agreement with Stellantis that includes the company’s vow to invest millions of dollars and reopen its manufacturing plant in the northern Illinois town for electric vehicles and creating an EV battery assembly.
” LaBolt said the autoworkers contract, which contain significant raises, was an example of how “workers are more empowered in this economy. That businesses aren’t the only ones with power. You’re seeing wages for workers go up, particularly to the workers farther down the wage scale.
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