Who Will Benefit From Biden's American Jobs Infrastructure Plan?
“This is the moment to reimagine and rebuild a new economy.” These words set the tone for the American Jobs Plan, a piece of proposed legislation from the Biden administration that’s aimed at helping to build the U.S. economy by investing in the country's infrastructure. This includes updating American electric grids, roads, bridges, water systems, housing and the internet, as well as investing in research and development, manufacturing and caregiving.
The United States’ infrastructure ranks 13th on a global scale, despite the country having the world’s largest economy. One of the major goals of the American Jobs Plan is to create a strong economy through domestic investment into the infrastructure systems we use to support society. Doing this will strengthen the economy in large part by providing millions of high-quality, well-paying jobs while also facilitating easier commerce.
The American Jobs Plan arrives at a time when people living in the United States greatly need the economic boost; the legislation, if it passes, could help people get back on their feet after the COVID-19 pandemic upended the economy — and millions of lives in the process. Here’s how the proposed plan could work to accomplish this, along with who stands to see the most benefits.