The Infrastructure Plan.... Finally
During the last Presidential Administration many workers were excited about the announcement of a large infrastructure plan that was sold to the American workers as "Making America Great Again", which I always found insulting since America has always been great in my eyes, but I understand what the former president was trying to convey. A reinvigorated drive to fix many of America's failing bridges and highways across the nation, and it sounded great with the exception it never happened. Prior to the Pandemic, the plan was being slowly replaced with other priorities such as completing the "Wall" on the southern border and money to compete with China in a war that benefited very few. But at least the plan to finally begin to fix the infrastructure in America has begun as President Biden speaking at a carpenters union training center in Pittsburgh, where he drew comparisons between his hard-hatted proposed transformation of the U.S. economy and the space race — and promised results as grand in scale as the New Deal or Great Society programs that shaped the 20th century. And to many economic analysts this is one of the biggest investments in America in the first days of a President since John F. Kennedy and the fact he is tying to the new "space race" it has a familiar and positive feeling.
So is the current economic growth due to policies that were created prior to the Coronavirus Pandemic or is it due to implementing stimulus packages and strategies by this current Administration?. From my observations, it is a combination of both administrations and a change in the way the world business model is conducting the ways they set up work, which includes more remote at-home employees. The housing market is absolutely being affected by the low Federal Reserve rate along with the extra money being spent by each State from the leftover amount of unused "American Care and Hope Acts" to help fund first-time homebuyers. Finally, as unemployment rates drop and Republican run states begin ending Pandemic assistance for unemployment plus the 300 weekly bonus it is showing the divide between the rich and poor classes even more. Though there is a worker shortage, many do not stop to consider that we are still delivering the Covid-19 vaccines and that only half of Americans have been fully vaccinated which is perhaps a reason for the shortage and statistically this equally provides the same evidence as that people do not want to return to work. We will see what will happen in the next few months and whether eliminating Pandemic money for the unemployed helps fill those positions or not. Only time will tell but in the meantime at least we are finally going to get those roads fixed and hopefully bridges along with incorporating solar panel systems across the grid. Already, the United Brotherhood of Carpenters have implemented a full out training course in their apprenticeship schools across the country.