The American Jobs Plan, more commonly known as the infrastructure plan, was unveiled on March 31st and promises to drive our nation to the future. It will drive our economy and rebuild our infrastructure for years to come. However, what will the bill specifically target? What are the pros and cons to this bill? Are the costs just too great?

Before we analyze the pros and cons of The American Jobs Plan, we first must look at the scope of this bill. President Biden intends for this bill to fix our bridges, highways, ports, and any medium of transportation. It will also bring huge government investment to improve drinking water systems and electrical grids. In addition, the bill will introduce billions of dollars of investment into the electric vehicle industry, so that our nation can transition away from fossil fuels.

Pros

A great factor about the infrastructure plan is the amount of jobs it will create. The bill alone will create millions of jobs, many of which do not require college degrees, for Americans across the country. From building bridges to highways, the federal government will need to hire a massive team in order to complete all of the proposed projects. 

The infrastructure plan will also lead to the creation of homes and the renovation of school campuses.  Nearly two million American homes and commercial buildings will be built, and many of the nation’s schools will be modernized and improved. 

Cons

Now, unfortunately, there is a downside to President Biden’s bill. The bill itself, though being spread out over numerous years, will cost nearly 2 trillion dollars, and there is concern this will lead to inflation. More government spending means workers will receive salaries that enable them to purchase more goods and services, and businesses will receive funding to make investments. This will inevitably lead to higher prices in the future, otherwise known as inflation.  

Ultimately, The American Jobs Plan has its advantages and disadvantages, but what President Biden has proposed in the bill is necessary in order to expand our infrastructure, technology, and economy.