4260-P6-Valera
Infrastructure
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Infrastructure

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OPPORTUNITY COSTS AND TRADEOFFS (1).png

One role of government is to ensure that the infrastructure of the United States - the roads, transportation systems, power grids, internet, bridges that allow us to live our lives, go to school or work each day, and contribute to the society in which we live. 

 

Infrastructure is a public good - one provided most effectively and efficiently by government - that forms the foundation of a market economy. Without transportation and communications infrastructure it would be impossible to trade, buy or sell, or even produce the goods that we need to live our live and that our economy needs to run. 

 

The U.S. House and Senate just passed a huge infrastructure package which will increase public spending on infrastructure projects across the United States by 1 trillion dollars over ten years. Democrats and Republicans voted for the bill, and both parties are able to collaborate on infrastructure spending as both see it as an essential use of federal tax revenue.

 

How do you think the new infrastructure spending bill will impact the lives of Americans across the country? 

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