We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Like much of Joe Biden’s presidency to date, the $2.3-trillion infrastructure plan he laid out last week is remarkably ambitious. Rightly so. America’s economic future is at stake. The country needs a bold new commitment to public investment.

The US is visibly falling behind. Any recent traveller to Beijing or Shanghai is struck by how shabby American airports and city grids look in comparison. And this isn’t just about appearances. China is proving that modern infrastructure is an essential component of industrial competitiveness and economic growth. Unless something changes, Washington’s neglect of roads, bridges and other connective tissue, plus failure to invest in the infrastructure of the future — from digital access to clean power grids — will condemn the US to relative economic decline...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.