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Joe Biden gave a speech on 2020 job numbers and the state of the economy on December 4. Read the transcript of his press conference remarks here.
President Elect Joe Biden: (08:30)
Good afternoon, folks. Thanks for being here. Earlier Today, the November jobs report was released and it was grim. It shows an economy that's stalling and we remain in the midst of one of the worst economic and job crises in modern history. But it doesn't have to stay that way. If we act now. Now, I mean now, we can begin to regain momentum and start to build back a better future. There's no time to lose.

President Elect Joe Biden: (17:03)
We're going to invest in infrastructure, clean energy and manufacturing, and so much more. We'll create millions of good paying American jobs and get the job market back in the path to full employment. This will raise income, reduce drug prices, advance racial equity across the economy, and restore the infrastructure of this country, the middle-class.
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President Elect Joe Biden: (18:12)
Look, I know times are tough. The challenges are daunting. But I know we can do this. We can create an economic recovery for all, for everybody. We can move from crisis to recovery And to resurgence. For Lord's sake, this is the United States of America. We've done it before and we'll do it again. We will. I promise you. So I thank the bipartisan group that is trying to put something together Right now. We're going to need more bipartisanship as we move on. God bless you guys and the women are doing this. God bless our country. And may God protect our troops. I'll stop there and I'd be happy to take some questions.

Speaker 2: (22:14)
And on your cabinet, you are facing a lot of pressure to add more diversity to your administration. You have civil rights groups and lawmakers pushing you to do this, to make sure that you make good on your And you look at your cabinet announcement so far, and they have included some diverse figures. But I specifically want to hone in on those big four. And so far when it comes to secretary of state and treasury, you have nominated a white man and a white woman. So looking at attorney general and the department of defense, would you commit to nominating a person of color for those positions?

President Elect Joe Biden: (22:48)
Look, it's each one of these groups' jobs to push their leaders to make sure there's a greater diversity. What I can promise you is when this is all said and done, you see everyone that I've announced and it was going to be in the next several weeks, we'll have it all out there, you're going to see significant diversity. I'm not going to tell you now exactly what I'm going to do in any department, but I promise you it will be the single most diverse cabinet based on race, color, based on gender, that's ever existed in the United States of America.

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President Elect Joe Biden: (24:26)
Well, it would be kind of stupid for me to tell you what I did, wouldn't it? Because it'd be kind of hard to do it again. I told you all that I was confident I can get a bipartisan agreement on this stuff. And I think we will not just on this package, but I think beyond. And the last thing I'm going to do is tell you strategically how I go about this. Remember I used to get asked the same thing when I was putting together significant deals between Democrats and Republicans when I was a Senator and vice-president. It's just not a very smart thing for… It's like me asking you, “Tell me how you get your sources and how'd you get those sources you've got in order to get that story? ”That would be ridiculous for you to tell me or your colleagues how you did it.

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President Elect Joe Biden: (27:14)
It costs a lot of money to keep schools and businesses open on the COVID side of the equation. They're all pieces that should be in there. There's much more if I were writing it, I think the proposal that quite frankly, the HEROES act that the house passed, that's what I would support. But this is a democracy and you've got to find a sweet spot where you have enough people willing to move in a direction that gets us a long way down the road, but isn't the whole answer.

Speaker 4: (27:51)
Thank you, Mr. President elect. You are describing this compromised bill as a down payment, that you'll push Congress to do more once you're in office. But this bill is already more than Republican leaders want to spend. What if this isn't a down payment? What if this bill is it? What are your options then to get Americans additional relief?

President Elect Joe Biden: (28:10)
I never start off thinking that way. I always start off, “We can get it done and we'll get it done.”

Speaker 4: ( 28:16 )
But it's been more Thank six months this fight has been going on. Mitch McConnell still hasn't even signed off yet on this compromised bill. What makes you so confident that you will be able to get Republicans to go big once you're in office?

President Elect Joe Biden: (28:28)
Well, because the country is going to be in dire, dire, dire straits if they don't

Speaker 4: (28:34)
Have you reached out to leader McConnell? Have the two of you spoken yet?

President Elect Joe Biden: (28:39)
We'll be in dire trouble if we don't get cooperation, I believe we will.

Speaker 4: (28:43)
Thank you.

Speaker 5: (28:52)
Thank you, Mr. President elect. You noted today that one in six renters are behind in their rent, millions of Americans remain unemployed, you say the situation is urgent. When you come into office, you expect to pass executive orders dealing with those specific issues. And also, do you at all plan to pass trillions of dollars of aid? Is that what you have in mind when you say we need to go big? Or are we looking at billions of dollars?

President Elect Joe Biden: (29:19)
We're looking at hundreds of billions of dollars. And look, again, I've learned after hanging around in this business for a while, the last thing you do before you begin a negotiation If it's not this, I'm not going to talk to you. ”I think there's a lot we can get done and I think people are going to see the overwhelming necessity. What's going to start to happen is a lot of folks who represent Republican districts are going to find their Republican neighbors are in real trouble as things get worse. They're going to find that a there's an overwhelming need as these numbers skyrocket. You remember my saying that I believe the experts, we'd have at least another 250 dead before the end of the year? And they went, “Oh, no.” Guess what? Look what's happening.

President Elect Joe Biden: (30:32)
Well, [inaudible 00:30:34] executive orders that are totally within the purview of an executive. But one of the things I don't like is I don't like people saying So there are certain things I can do. I can issue executive orders, pulling back some of the executive orders that I can, by executive order, to do the following things, which there is no basis in the constitution suggested can be done. But I can't issue an executive order saying, “We're going to spend X billion dollars on this issue,” without getting the Congress appropriates and who's responsible for distributing that money.

President Elect Joe Biden: (33:03)
… the African-American Latino community. What I hear from my friends in the community, not but blocks from here as we stand, is that we're not going to be the guinea pigs. We're not going to be the guinea pigs. Well, the fact of the matter is that they won't be.

President Elect Joe Biden: (33:14)
You're going to see tens of millions of Americans taking the vaccine, and you're going to see the President of United States and three of the four living former Presidents doing it publicly as well ..

President Elect Joe Biden: (33:26)
It's going to take some effort to rebuild confidence in science, because it's been so diminished in this administration thus far. But I will. And by the way, in the meantime, I'm going So there's ways we can deal with some of these issues. Biden has good healthcare, to make sure that the vaccine is both free and available, and that any follow up on the vaccine is free and available that relates to any health complications from it. But I don't have good healthcare. That's another thing we're working on from day one. I've been working on it at this moment. And so my hope is that we can reinstill some confidence and be able to believe the President of the United States when he or she speaks.

Michael: (34:38)
... considering that we are still in the middle of the Coronavirus pandemic. So I'd like to hear what you envision for the inauguration. Do you expect a scaled-down event? You still planning to take the oath on the West front of the Capitol? Will there be a parade, will there be balls? What do you envision for your integration?

President Elect Joe Biden: (35:15)
I think we'll see. We're in discussion with the House leadership and the Senate leadership as to what they plan for the inauguration, particularly those 200,000 spots they control. But I think you're going to see something that's closer to what the convention was like than the typical inauguration.

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President-Elect Joe Biden: (35:38)
First and foremost, my objective is keep America safe, but still allow people to celebrate. To celebrate and see one another celebrating. And so we're in consultation. My team is in consultation with folks who help us put on the convention as well as with our colleagues, Republican and Democratic colleagues in charge of the inauguration.

President-Elect Joe Biden: (36:02)
My guess is there probably will not be a gigantic inaugural parade down Pennsylvania Avenue. But my guess is you'll see a lot of virtual activity in states all across America, engaging even more people than But that's in train now. And I'm not in a position to give you an example of exactly what it will look like. But I promise you, it'll be available either virtually or in person for many. And my guess is it 'll still be some, there'll still be a platform ceremony, but I don't know exactly how it's all going to work out. The key is keeping people safe.

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