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US infrastructure that is in dire need of funding and people


Is caring for people counted as a building project? It’s a big deal in the US right now, considering $ 2.3tn for President Joe Biden American Action Plan, which aims to rehabilitate the country’s broken roads and bridges and strengthen its connectivity, as well as improve health and child care services – if you call on a small US group to find a “system”.

Under Biden’s plan, $ 400bn could be spent on medical care, especially for the elderly. Another $ 25bn would go to support childcare. Almost all Republicans, as well as some Democrat clergy, are concerned about this broader definition of architecture. Should “rebuilding” include the strengthening of such services? I would say yes, then some.

To begin with, health care is where the future jobs lie. Over the next decade, home-based care and personal care are expected to grow faster than other working groups, according to work department. This is due to the increasing number of older people, and also because many other activities are taking place on their own.

Such progressive job losses can be painful for some, but they are not completely normal. For a long time, based on historical facts, technology creates work. But even for a short time, as economists Charles Goodhart and Manoj Pradhan argue in their book Their Big Change, rich countries “will need all the machines we can use for the entire economy to achieve full yields. . .[and]to pay for what will be lost in caring for the elderly ”.

Care services will be left over from the real economic and financial crisis. But, when done well, they can produce much higher yields. McKinsey Global Institute estimates that good health effects could add $ 12tn to global GDP by 2040 – much of it from reorganizing the productivity of workers with health problems or with responsibility for care.

Women in particular have a lot to gain from a lot of money in the “supporting economy”. As Jay Powell, chairman of the US Federal Reserve, He said more recently, the US “led the world in the work of women, in the last 300 years, and we are no longer here. [our childcare] the facts have pushed us back. ”

Women also took increased pulse closing time. They often share a larger portion of additional child care and household chores (don’t get me wrong with that mental health). They can also be fired. Also $ 25bn in the Biden construction bill for renovating a child care facility, is available $ 39bn information on children’s minds in the Covid support package. In a better world, this will increase and transform care services, and allow more educated women to work harder.

As is the case with the $ 100bn saved for schools, such businesses raise public funds. Further, this is the only type of money that is needed, as the digital business does not require as much money as the old financial companies. The U.S. should also allow companies to record employee training fees and other sales that they sell to the public, just as they do with machines. This is something that almost every business leader and employee I know can support.

Properly covered, it will withstand a great deal of adverse conditions. The White House is concerned with the sale chain possibly for a reason mass production promotes more skills and productivity than other sectors. But in the long run, production will not be as efficient as it once was, regardless of how the machine is designed or if it is on the ground.

Can the caretaker’s economy create jobs? Experts such as Harvard economist Gordon Hanson, who studies how interactions between the labor market and their neighborhoods, say that in some areas they are disappearing. “Rehabilitation areas have better universities or health facilities that can function as job engines,” says Hanson.

Would it seem absurd to imagine that a nursing home or a nursing home could be the center of attention, such as a large factory or a complex R&D complex? Still others are already there.

Consider places like Cleveland Clinic, a non-profit medical facility that combines medical and clinical care with research and education. Head of Harvard Business School story study, has been a national and international producer and a key contributor to the development of medicines and medical devices, as well as medical technology. This is a major part of the data collection, digital and robotic platforms, as well as in the internal and external consulting work of the hospital.

Gradually, investing heavily in health and education promotes a sense of well-being in the community. We need more right now, everywhere. Only 1.5 percent of Donations from the World Bank is for health, and only 1.9 percent is for education.

In rich and poor countries alike, money still has much to do with wealth. It is time to realize that, perhaps more than any other nation, human capital is the foundation of the 21st century.


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