- Dec 20, 2003
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As an international observer of American politics married to an American I have been impressed by the recent plans to invest in America's infrastructure. Joe Biden's Build Back Better program initiative proposes to revamp America's decaying infrastructure. It seems like a no-brainer to me but there is a lot of opposition to this brewing. Many of these opponents focus on a hidden agenda of making America a leader in green technologies and cleaning up the environment,
THE SCALE OF THE PROBLEM
To illustrate the scale of America's infrastructure problem read the following report:
ASCE’s 2021 American Infrastructure Report Card | GPA: C-
America received a C- score in a recent review of its infrastructure. Highlights included:
1. an estimated 6 billion gallons of treated water lost each day in the U.S., enough to fill over 9,000 swimming pools.
2. 43% of ... public roadways in poor or mediocre condition, a number that has remained stagnant over the past several years.
3. A quarter of all levees (e.g. preventing flood damage from rivers) are not inventoried and are in unknown condition
THE PLAN
Key features include:
Infrastructure policy of the Joe Biden administration - Wikipedia
THE BENEFITS
An economic analysis from Moody's Analytics found Biden's infrastructure policies would create 18.6 million jobs and increase average American income by $4,800 during his first term
THE COSTS
Business taxes will be raised to pay for this from 21-28% which still remains low by international standards.
QUESTIONS
1) Is America's infrastructure in need of an upgrade on this scale?
2) Is it time to move to Green technologies?
3) Why are people opposed to this?
4) Why the breakneck pace of growth in rival economies like China who invest heavily in infrastructure not impress Republicans?
THE SCALE OF THE PROBLEM
To illustrate the scale of America's infrastructure problem read the following report:
ASCE’s 2021 American Infrastructure Report Card | GPA: C-
America received a C- score in a recent review of its infrastructure. Highlights included:
1. an estimated 6 billion gallons of treated water lost each day in the U.S., enough to fill over 9,000 swimming pools.
2. 43% of ... public roadways in poor or mediocre condition, a number that has remained stagnant over the past several years.
3. A quarter of all levees (e.g. preventing flood damage from rivers) are not inventoried and are in unknown condition
THE PLAN
Key features include:
- adding 500,000 electric vehicle chargers
- rebuilding conventional transportation infrastructure (roads, bridges, airports, rail, and public transportation)
- a carbon-neutral program to transition government vehicles to electric vehicles, along with the possible extension of consumer tax credits for purchasing electric vehicles. (Tesla and General Motors capped out the $7500 income tax credit for the first 200,000 EVs sold)
- light-rail networks and infrastructure for bicycles and pedestrians for the 300 largest U.S. cities
- set a target for a "carbon pollution-free power sector by 2035."
Infrastructure policy of the Joe Biden administration - Wikipedia
THE BENEFITS
An economic analysis from Moody's Analytics found Biden's infrastructure policies would create 18.6 million jobs and increase average American income by $4,800 during his first term
THE COSTS
Business taxes will be raised to pay for this from 21-28% which still remains low by international standards.
QUESTIONS
1) Is America's infrastructure in need of an upgrade on this scale?
2) Is it time to move to Green technologies?
3) Why are people opposed to this?
4) Why the breakneck pace of growth in rival economies like China who invest heavily in infrastructure not impress Republicans?