President Joe Biden’s “infrastructure” plan is called the American Jobs Plan, but it doesn’t focus much on infrastructure and wouldn’t create many jobs. A more appropriate name for the $2.2 trillion proposal would be the “American Debt Plan.”
Former President Barack Obama’s “stimulus” bill, which Congress passed in 2009 with Biden as vice president, cost taxpayers a cool $278,000 for every new job added or saved, based on estimates from Obama’s hand-picked economists. Biden’s “infrastructure” plan might have trouble matching even that pathetic record. The plan’s overarching philosophy appears to be that the private sector doesn’t create jobs but government creates jobs.
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