Question
Investment in transportation and communication infrastructure has been highlighted as important engine for economic growth and development. This included the transportation revolutions during the early
Investment in transportation and communication infrastructure has been highlighted as important engine for economic growth and development. This included the transportation revolutions during the early American economy and then the transcontinental railroad and the telegraph system, which began a legacy of federal investment in the nation's infrastructure.
This role of the federal government is back in the news. On March 31, 2021, President Joe Biden gave a speech unveiling an ambitious agenda for investing in the nation's infrastructure.First, watch the speech,which can be seen here. Take some notes on the types of spending that he is proposing.
Second, choose one of those items of investment. Comment on how you think that investment, if completed, might impact you in your own life. How do you think it would affect the broader economy?
Lastly, and as always, post a comment in response to a classmate's original posting, commenting in a respectful and appropriate way about their post.
https://www.cnbc.com/video/2021/03/31/watch-president-bidens-full-interview-on-his-2-trillion-infrastructure-plan.html
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