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Business Daily

Business Weekly

Business Daily

BBC

Business

4.4816 Ratings

🗓️ 1 May 2021

⏱️ 50 minutes

🧾️ Download transcript

Summary

A “once in a generation investment” is what Joe Biden offered the American people this week. He presented his American Jobs plan and American Families Plan to Congress to mark his first 100 days in office. Can he deliver? Also, will business travel resume once the pandemic has ended? Airlines and hotels are dependent on business travel - but now that so many people have adapted to virtual meetings, will frequent fliers ever want to get back to the departure lounges? And why do cities change their names? And what are the costs involved? The South African city of Port Elizabeth has rejected the colonial overtones of its former moniker - and is now called Gqeberha. The Chief Executive of Bollinger Champagne tells us why he’s bought up a vineyard in the United States and how the brand first became associated with James Bond. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.

Transcript

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0:00.0

Hello, I'm Lucy Burton and this is Business Weekly. Welcome to the show. It's been just over 100 days since Joe Biden was handed the keys to the White House. His predecessor derided him as sleepy Joe. Others thought he'd be a placid placeholder president there to calm the waters

0:24.0

and clear the way for younger Democrats. But his first three months in office have been ambitious.

0:30.2

In just a moment, we'll look at his first presidential speech to Congress this week.

0:34.9

And we'll be asking, what's in a name? The South African city of Port Elizabeth

0:39.5

has taken on a new moniker. And we'll hear about the move to retrospectively place products in old

0:46.0

films. Does this mean Scarlett O'Hara and Rhett Butler will be wandering past a burger joint?

0:52.4

First, though, have a listen to Joe Biden addressing Congress on Wednesday.

0:57.0

Tonight, I come to talk about crisis and opportunity,

1:02.0

about rebuilding the nation, revitalizing our democracy,

1:06.4

and winning the future for America.

1:09.6

I stand here tonight, one day shy of the 100th day of my administration.

1:16.2

A hundred days since I took the oath of office and lifted my hand off our family Bible

1:21.2

and inherited a nation we all did that was in crisis.

1:26.1

The worst pandemic in a century, the worst economic crisis since the Great Depression,

1:31.0

the worst attack on our democracy since the Civil War. Now, after just 100 days, I can report to the

1:39.8

nation. America is on the move again.

1:53.4

It was a bold and sweeping speech, promising a once-in-a-generation investment in America itself.

1:58.8

Mr Biden wants to get $4 trillion worth of spending approved by Congress,

2:02.5

and he has two big projects, the American Jobs Plan and the American Families Plan. The former would boost investment in public transport,

2:08.4

broadband, roads and bridges, with an eye to climate change and the environment. The latter,

2:14.1

the Families Plan, focuses on children and hopes to provide free preschool for

2:18.7

three and four-year-olds, free family leave and an extension to the tax breaks that have

...

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