Biden’s US$2.25 trillion infrastructure plan boldly recognises public sector role

//Biden’s US$2.25 trillion infrastructure plan boldly recognises public sector role

Biden’s US$2.25 trillion infrastructure plan boldly recognises public sector role

President Joe Biden’s bold infrastructure plus social welfare spending package in effect acknowledges China’s lead as a global infrastructure power, and the need for America to catch up in this regard. But it also represents a major US concession to the role of the public sector.These facts have been obscured by the size of the projected spending – US$2.25 trillion on infrastructure, clean energy, digital upgrading and others, with perhaps a further US$1 trillion to come for health and…

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By | 2021-04-04T17:00:09+00:00 April 4th, 2021|Business|Comments Off on Biden’s US$2.25 trillion infrastructure plan boldly recognises public sector role