The U.S. economy—which in 2020 produced $21 trillion-worth of goods and services—is powered by the interconnected web of roads, waterways, electrical grids, and communications, education, healthcare and childcare systems that make up its infrastructure. This infrastructure is in a state of disrepair, and “dangerously overstretched,” with a funding gap valued in the trillions. The United States invests less in infrastructure than its peers and substantially less than it used to. To compete in the 21st century, we must learn from our own past success and replicate the bold public investments that have supported each transformation of our economy in the past.
Read the issue brief here.