Wharton: Biden Infra Plan Would Hurt Economy in 3 Ways

Wharton: Biden Infra Plan Would Hurt Economy in 3 Ways
(AP Photo/Andrew Harnik)
President Biden is pitching his $2.7 trillion ‘infrastructure’ spending plan, chock full of items unrelated to traditional transportation infrastructure, as key to restoring the economy and putting Americans back to work. It’s right in the name: the ‘American Jobs Plan.’ But a new Ivy League analysis projects that it would actually hurt the economy in 3 major ways over the long run.
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