President Joe Biden today unveiled a new $2 trillion infrastructure proposal titled The American Jobs Plan. The statement introducing the plan notes that the United States currently ranks 13th in the world for the quality of our infrastructure, and that our public domestic investment as a share of the economy has fallen more than 40% since the 1960s. It calls attention to the fact that our roads and bridges are crumbling and that our electrical grid keeps failing. Too few people have access to affordable housing or to the Internet, while our infrastructure for caregiving—a vital part of our lives—is fragile, it says. It promises to unify and mobilize the country to address climate change and the rise of an autocratic China.
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