Analysis

Makes U.S. ‘Uncompetitive,’ Funds ‘Favored Industries, Friends’: Analysts Rip Biden’s Infrastructure Plan

Some of the proposals signal potential bumps in the economic road ahead.

Mairead Elordi
Makes U.S. ‘Uncompetitive,’ Funds ‘Favored Industries, Friends’: Analysts Rip Biden’s Infrastructure Plan
Robert Alexander/Getty Images

President Biden on Wednesday unveiled his $2 trillion infrastructure plan, a mammoth undertaking that his administration is promising will improve the lives of Americans through the most sprawling federal spending initiative in half a century, although some of the proposals threaten to undermine the plan’s own goals.

Biden announced the American Jobs Plan, the first installment of a two-part infrastructure and economic recovery plan projected to cost $3 trillion or more over 10 years, Wednesday afternoon in Pittsburgh, the same city where he launched his presidential run nearly two years ago.

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