Collapsed bridge in Pittsburgh today. Photo: Pittsburgh Public Safety via Reuters A former campaign road warrior told me, tongue-in-cheek, that it looked like the stealthiest advance move ever: - A 50-year-old bridge collapsed in Pittsburgh today, just ahead of a trip by President Biden to talk about his $1 trillion bipartisan infrastructure law, which has strengthening aging bridges as one of its centerpieces.
Biden visited the bridge, and delivered a promise: "We're going to fix them all." - 10 people were injured but no one was killed, the Pittsburgh Post-Gazette reports: A city bus was "left stranded in the twisted mess of a bridge that had been listed in poor condition for the past decade."
President Biden and Pittsburgh Mayor Ed Gainey visit the scene of the Forbes Avenue Bridge collapse. Photo: Saul Loeb/AFP via Getty Images Speaking at the site of a former steel mill that employed more than 5,000 workers during its heyday, Biden said 2021 was the "greatest year of job growth in American history." 🧠 Reality check from Axios chief economic correspondent Neil Irwin: It's true that the economy has roared back from its depressed 2020 levels faster than nearly anyone was projecting a year ago. - The exceptional growth path and plunging unemployment rate are true achievements, especially when compared to the long slog of the Obama recovery.
But the Biden economy has featured more than enough demand and not enough supply to match it — not enough workers, not enough semiconductors, not enough commodities. - The result is 7% inflation that is sapping Americans' confidence and Biden's popularity.
Go deeper: White House fact sheet on manufacturing renaissance. |
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