FOR IMMEDIATE RELEASE
April 5, 2021
Maddy McDaniel, Communications Director
NEW CAMPAIGN & DIGITAL AD: TIME TO GO BIG WITH HISTORIC PUBLIC INVESTMENT IN INFRASTRUCTURE, MANUFACTURING, CLEAN ENERGY, CARE ECONOMY
Invest In America Launches “Go Big” Campaign Underscoring Need For Large-Scale Public Investment To Create Millions of High-Paying Jobs, Finish Recovery From Coronavirus and Long-Term Growth
Today’s New Reports: Why Go Big? History Of GOP Supporting Infrastructure Investments, Impact Of Infrastructure Investments, Impact of Care Economy Investments
New Digital Ad: It’s Time To Go Big
[Invest in America]
WASHINGTON, D.C. — Today, Invest in America launched a new campaign, “Go Big,” highlighting the need to recover and grow the American economy with historic investments in infrastructure, manufacturing, clean energy, and the care economy.
Beginning today, the campaign will highlight how the American Rescue Plan prevented economic catastrophe, but that leading economists and voters alike agree that more must be done to recover the millions of jobs lost during the pandemic, and address the country’s $5.9 trillion infrastructure needs, which could cost the U.S. $10 trillion in GDP and more than 3 million jobs if unaddressed.
The proposed American Jobs Plan could be a major step towards addressing these issues by creating 2.3 million jobs and injecting $5.7 trillion into the economy, according to S&P Global.
The campaign will continue for the coming weeks and include numerous digital products, opportunities to interact with economists, new research reports, sign-on letters and more.
Today’s products include:
A new digital ad, “It’s Time to Go Big,” which argues that now is the time for a historic investment in infrastructure, manufacturing, clean energy, and care that will turbocharge the economy. View the digital ad here.
Four new research reports showing the importance of and bipartisan support for going big on infrastructure, care economy, clean energy, manufacturing and other areas.
- Economic experts agree that the country needs large-scale investment to create millions of jobs, spur economic growth, and ensure future prosperity. View the report here.
- Large-scale infrastructure are bipartisan, with Republican elected officials historically supporting these kinds of investments. View the report here.
- Infrastructure investment will create millions of jobs, grow the economy and pay for itself. View the report here.
- Investments in the care economy will accelerate the recovery, promote racial and gender equity, and create jobs. View the report here.
“Big problems require big solutions. Now is the time for an ambitious public investment in infrastructure, manufacturing, clean energy, and caregivers that will help recover our economy, create millions of high-paying jobs and promote growth for the future,” said Zac Petkanas, senior advisor for Invest in America. “If we want to build an economy that is better than the one we left behind, we need bold public investments. That begins with ensuring a big, bold American Jobs Plan makes it across the finish line — and then not stopping there. We can’t build a 21st century economy that is sustainable, equitable, and prosperous by thinking small — it’s time to go big.”
Americans need major public investments to address the problems exacerbated by the pandemic.
- The U.S. labor market is still down more than 8 million jobs from pre-pandemic levels, and women’s participation in the labor force is at its lowest since 1988.
- According to the American Society of Civil Engineers (ASCE), the United States faces a $2.59 trillion shortfall in infrastructure investment and $5.9 trillion in infrastructure needs, including rebuilding and repairing roads, bridges, schools, and protecting access to clean water.
- ASCE predicts that failure to address the nation’s crumbling infrastructure could cost the United States $10 trillion in GDP, more than $23 trillion in total output, 3 million jobs, and more than $3,300 in a family’s annual disposable income.
A robust public investment will boost the economy by creating millions of jobs and increasing productivity.