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Why Joe Biden’s $2 Trillion Infrastructure Plan May Fail

Why Joe Biden’s $2 Trillion Infrastructure Plan May Fail
President Joe Biden speaks in Pittsburgh, on March 31, 2021. Jim Watson/AFP via Getty Images
Daniel Lacalle
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Commentary

President Joe Biden has announced the American Jobs Plan, which is summed up in the headlines as a $2 trillion investment program in infrastructure and green energy that’s expected to boost job creation, strengthen the manufacturing sector, and drive innovation.

Daniel Lacalle
Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat”​ (2015), and “Life in the Financial Markets.”
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