by: Harley SchlangerOct. 22 -- Since Bill Clinton's election as President in 1992, he and his four immediate successors all campaigned on the need to upgrade and modernize American infrastructure, and each one made a show of trying to pass a bill to do it. Yet a quick overview of the dilapidated state of infrastructure in the U.S. today makes it painfully obvious that each failed to reverse the ongoing decline of the basic platforms of infrastructure serving the economy. Worse, the collapse in most areas has been proceeding at an accelerating rate.This is due not just to the failure of the Presidents, but the role of special interests controlling the Congress -- especially in banking, finance, insurance and real estate, which demand credit directed for speculative investments to bail them out, rather than for physical production -- and the abysmal level of economic discourse throughout the society. The passage by both the House and Senate of President Biden's Infrastructure Investment and Jobs Act in August, with a $1 trillion price tag, has provoked much discussion, but will do nothing to reverse the collapse, while its Green initiatives actually will speed up the decline of the U.S. as a manufacturing and agricultural power. Biden apologists have been insisting that, when taken together with his effort to pass a separate $3.5 trillion spending bill as a companion bill, it is the most significant infrastructure overhaul since Franklin Roosevelt's (FDR) New Deal pulled the U.S. out of the Great Depression after 1933. The details tell a different story. First, the much-hyped $1 trillion infrastructure plan only adds $550 billion to what had already been approved. Second, the total is to be parceled out over the next ten years! Third, the companion bill, which includes "energy" spending almost entirely allocated for "green" policies, is in the process of being whittled down, to appease fiscal hawks in both parties, so it can be passed before the Glasgow COP26 summit, to show the Biden administration's commitment to combating climate change. Biden personally lobbied Congressmen on October 21, pleading with them to pass the green spending bill, insisting that he needs this to make a positive show in Glasgow. "The prestige of the United States is on line," he said. "I need this to represent the U.S. overseas."