Remarks by President Biden During Visit to Smith Flooring Inc.

Smith Flooring Inc. Chester, Pennsylvania

3:30 P.M. EDT

THE PRESIDENT: As I said, this is a great outfit. This is a union shop. These are people who work like the devil, and they can make a living wage, a decent wage. But 300,000 Pennsylvanians lost jobs — 300,000. And in Delaware County alone — this in 2020 — 19,000.

And I’m not being solicitous when I say these are two of the finest congressmen in the United States Congress in terms of getting things done. I really mean it. And, you know, the American Rescue Plan is going to do more than just provide for the PPE.

And one of the things that we’ve done early on — they passed the CARES Act early on. And what we did — what they did was they provided for an inspector general — an outfit to look over where the money was going to make sure that it was spent properly. And the first thing the President did: he came along and he fired the inspector general. And we found out that only 40 percent of the people who, in fact, were small businesses got in on the deal. And they got very big businesses getting the lion’s share of that money.

So when we wrote this Rescue Plan, they were (inaudible) insistent that we have an inspector general to make sure the money goes exactly where it’s supposed to go.

And so we’re in a position where it’s going to bring immediate relief — $1,400 — to 85 percent of the American public. I said, yesterday, we’re going to get 100 million shots in people’s arms within the first 60 days of my administration and 100 million checks out — 100 million people are going to be getting, not a joke, a check for $1,400, which would change their lives.

And you know so many of the people who have worked (inaudible) and gotten themselves laid off or there wasn’t work, and you find yourself, you know, it’s hard paying the rent, hard paying the childcare, hard paying for much of anything.

So I just think that — I hope that the program that we’re having here — we’re going to have a tax cut to help retired workers. We’re in a situation where we’re going to expand the paytech [sic] — paycheck — Paycheck Protection Program for the folks who were initially shut out.

Initially, at the very beginning of the Paycheck Protection Program, you’d go to a big bank, they’d say, “Do you have an account with us? Have you borrowed money from us? Do you have a credit card from us?” They didn’t want to deal with people who were on the short side of things. But you’ve really made it work. And I think you should be aware: More help is on the way, for real.

Do you have questions for me at all?


 * MS. SMITH&colon; Well, we don’t have any questions, but we did want to say thank you.  Thank you for your being who you are.  Thank you for helping the small business — small minority business.  It means a lot that you’re here in Chester.  It means a lot that you came to see our business because, you know, although Congresswoman Scanlon and Congresswoman Hou- — Houlahan, I’m sorry.  I know Congresswoman Scanlon a little more.  (Laughs.)  I’m sorry.  But not many people come out and stop here in Chester.  And so we’re just grateful.  We’re grateful for the things that you’re doing.
 * THE PRESIDENT: Every time I got stop — stopped in Chester, I lost.  I went to school in Claymont, just across the line at Archmere Academy.  And we played up here, and you better come prepared to play against Chester.   (Laughter.)


 * MS. SMITH&colon; That’s true.
 * THE PRESIDENT: (Inaudible) playing Chester.  So a lot of my buddies are from Chester, for real.  The people I grew up with.


 * MS. SMITH&colon; We just want —
 * THE PRESIDENT: How many employees at your peak?


 * MR. SMITH&colon; At our peak, we’re at about 20, 23 people.  Our peak is summertime.  We do a lot of school work, and so that’s when we get our big boost.
 * THE PRESIDENT: Yeah.


 * MR. SMITH&colon; Right now we’re about 12 — 12 people between people in the office, out in the field.
 * THE PRESIDENT: I think it’s going to allow you to bring folks back and increase — increase your business.


 * MR. SMITH&colon; And it’s great that schools got funding, so now the schools are going to do some construction and (inaudible).
 * THE PRESIDENT: Yeah.  No, it’s a big deal.  It’s a big deal.


 * MS. SMITH&colon; Thank you.

3:36 P.M. EST