Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Yo_Mama_Been_Loggin

(107,922 posts)
Wed Mar 31, 2021, 08:04 PM Mar 2021

Biden Unveils $2.3 Trillion Infrastructure Plan

Source: Wall Street Journal

WASHINGTON—President Biden unveiled a $2.3 trillion infrastructure plan centered on fixing roads and bridges, expanding broadband internet access and boosting funding for research and development, plus higher corporate taxes to pay for the package.

“It’s not a plan that tinkers around the edges,” Mr. Biden said during a speech in Pittsburgh, where he kicked off his presidential campaign. “It’s a once-in-a-generation investment in America.”

The Democratic president cast his plan as a fundamental shift in economic thought away from the small-government, tax-cutting approach embraced decades ago under Ronald Reagan, a Republican.

“Here’s the truth: We all will do better when we all do well,” Mr. Biden said, arguing that the pandemic had exposed longstanding inequalities in the country. “It’s time to build our economy from the bottom up and from the middle up, not the top down.

Read more: https://www.msn.com/en-us/news/politics/biden-unveils-dollar23-trillion-infrastructure-plan/ar-BB1f9oDy?li=BBnb7Kz

9 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

yaesu

(8,020 posts)
6. Eisenhower's big highway Infrastructure undertaking cost 500 billion in todays money
Wed Mar 31, 2021, 09:30 PM
Mar 2021

and that was a BFD at the time, helped spawn the greatest economic boom of that century so yes, Biden's is 5 times that is a huge BFD.

CountAllVotes

(20,868 posts)
7. Old Dark horse Joe
Thu Apr 1, 2021, 12:31 AM
Apr 2021

This man is going to go down in history as one of the Greatest Presidents in American history.

GO JOE!!!



cstanleytech

(26,284 posts)
8. Well people did earn more decades ago as we invested in infrastructure as it made our country
Thu Apr 1, 2021, 02:51 AM
Apr 2021

a global economic power then and it can do so again because businesses need good infrastructure to make money as well so they bring jobs to such countries.
Its why Japan became one after WWII followed by other countries such as China and India.

Latest Discussions»Latest Breaking News»Biden Unveils $2.3 Trilli...