Since at least 1988, the American Society of Civil Engineers (ASCE) has maintained what they call an Infrastructure Report Card that highlights critical shortcomings in the nation’s public built environment. The reasons for this are pretty obvious: civil engineers and the construction industry in general live on the development and maintenance of infrastructure, and because so much of it is paid for by government funding, which in a democracy is supposedly under the control of the people, you should let the people know what they ought to be spending money on, infrastructure-wise.
The ASCE report-card list found itself blinking in the spotlight of publicity last week when the Biden administration lifted it bodily and made it part of their promotional efforts to pass a multi-trillion-dollar spending package that is focused nominally on infrastructure. The ASCE’s definition of infrastructure and the Biden administration’s definition are two different things. To the best
Bidenâs Anti-China Ambitions Need a Reality Check
China is poised to become globally dominant in the foreseeable future and there is little the US can do. An American president can t even bet on his policies, however laudable or otherwise, surviving his four-year term.
US President Joe Biden at the International Studies Learning Centre in Los Angeles, California, February 17, 2012. Photo: Reuters/David McNew
World9 hours ago
Like his immediate predecessor, Joe Biden is committed to a distinctly anti-China global strategy and has sworn that China will not âbecome the leading country in the world, the wealthiest country in the world, and the most powerful country in the world⦠on my watch.â In the topsy-turvy universe created by the COVID-19 pandemic, it was, however, Jamie Dimon, the CEO and chairman of JP Morgan Chase, a banking giant with assets of $3.4 trillion, who spoke truth to Biden on the subject.
Four members of President Biden's Cabinet took to Capitol Hill on Tuesday to sell his $2.3 trillion infrastructure plan, pushing back on Republican criticisms that the plan was too large and wide-ranging.In a hearing before the Senate Appropriations Committee, Transportation Secretary Pete Buttigieg, Environmental Protection Agency Administrator Michael Regan, Commerce Secretary Gina Raimondo and Housing and Urban Development Secretary Marcia.
Bidenâs anti-China ambitions
Like his immediate predecessor, Joe Biden is committed to a distinctly anti-China global strategy and has sworn that China will not âbecome the leading country in the world, the wealthiest country in the world, and the most powerful country in the world⦠on my watch.â In the topsy-turvy universe created by the Covid-19 pandemic, it was, however, Jamie Dimon, the CEO and chairman of JP Morgan Chase, a banking giant with assets of $3.4 trillion, who spoke truth to Biden on the subject.
While predicting an immediate boom in the U.S. economy âthat could easily run into 2023,â Dimon had grimmer news on the future as well. âChinaâs leaders believe that America is in decline,â he wrote in his annual letter to the companyâs shareholders. While the U.S. had faced tough times in the past, he added, today âthe Chinese see an America that is losing ground in technology, infrastructure, and education â
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