see url:
https://www.nytimes.com/2021/03/31/business/economy/biden-infrastructure-plan.html
see full report...trickle up economics...😉
Quote<<<
President Biden introduced a $2 trillion plan on Wednesday to overhaul
and upgrade the nation’s infrastructure, calling it a transformational
effort that could create the “most resilient, innovative economy in the
world.”
“It is not a plan that tinkers around the edges,” Mr. Biden said in a
speech outside Pittsburgh. “It is a once-in-a-generation investment in
America.”
White House officials said the proposal’s combination of spending and
tax credits would translate into 20,000 miles of rebuilt roads, repairs
to the 10 most economically important bridges in the country, the
elimination of lead pipes from the nation’s water supplies and a long
list of other projects intended to create millions of jobs in the short
run and strengthen American competitiveness in the long run.
They said the plan would also accelerate the fight against climate
change by hastening the shift to new, cleaner energy sources, and would
help promote racial equality in the economy.
The provisions would improve wages, internet service, drinking water and
commute times, Mr. Biden said.
>>>End of Quote
