On March 28, local time, the White House spokesperson Jen Psaki said that President Biden decided to divide the 3 trillion economic recovery plan into two bills, which will be released on Wednesday (March 31, local time). Japan) delivered a speech in Pittsburgh, Pennsylvania, USA, detailing the first bill focusing on US infrastructure reform. It is reported that the first bill will focus on solving infrastructure reform issues such as the reconstruction of roads and bridges in the United States and the expansion of network broadband in rural areas. The second bill to be announced in April will involve issues such as childcare measures and medical care subsidies.
Three trillion is not much, and it can even be said that it is definitely not enough, and the United States has long had no such infrastructure capabilities. Most of the existing construction companies in the United States are in fact architectural design. There are not many companies that actually engage in construction projects. Coupled with the scarcity of construction site personnel, this has resulted in the United States not having complete supporting capabilities. And these three trillion dollars, you sound a lot, but I just told you about two projects, you know how much money you can’t help but spend. New York has built some subways before, most of which cost more than US$1 billion per kilometer, while in China, the most costly Beijing subway is only 1.2 billion yuan, most of which are in the hundreds of millions of yuan, the difference is about 10 times. Moreover, Chuanbao has already done this way of infrastructural revitalization. In 2018, Chuanbao plans to implement the 1.5 trillion yuan infrastructure renovation plan, and then reviewed and evaluated it. It was found that the investment of the money was impossible to be effective at all. The cost was high and the profit was low. There is no need to engage in approval. By the way, the funding approval process in the United States is different from ours. We do what we say. After the U.S. funding is approved, find the engineering team to build, and then exceed the budget, and then approve it. The process is at least 10 years, no exaggeration, really 10 years! Let’s talk about Chuanbao’s funding for repairing the wall. It took two years to build the wall before the wall was broken. The highest price was hundreds of millions of dollars for 10 kilometers. Is this wall made of gold bricks? With the current infrastructure costs and capabilities of the United States, it is basically unrealistic to expect this to rejuvenate the economy. In the current situation in the United States, let my grandma push a wheelchair to build a wall at the entrance of the village, and the efficiency is faster than them.