A nationwide EV charging network is one of the focal points of President Biden’s infrastructure pitch. (Stock image.)
Facing one of the darkest economic periods in U.S. history, President Franklin Delano Roosevelt (FDR) set his New Deal plan into motion in 1933. Infrastructure and public works were at the core of FDR’s plan to counter the Great Depression by creating good jobs. Through the New Deal’s programs, roads, bridges, airports, hospitals, schools, dams and national parks were built across the entire country, with rural areas benefitting dramatically thanks to modernization efforts that focused on electrification and water resources. The initial phase of the New Deal saw the Public Works Authority inject over $63 billion in today’s dollars into the economy to complete over 34,000 projects, many of which are still in use today.
Now, nearly 80 years later, America faces a similarly dire economic situation, and a U.S. president will once again attempt to use a massive investment in infrastructure to rebuild the economy and help lead the recovery. Following through on his campaign promise, President Joe Biden has unveiled a multitrillion-dollar infrastructure plan that will modernize American infrastructure and provide equitable solutions for previously underserved communities.
On Wednesday afternoon, Biden unveiled his broad and aggressive infrastructure plan as the next phase in his bold vision to inject life back into the U.S. economy and…