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On Infrastructure, Biden Readies to Make the Same Mistake Obama Made

On Infrastructure, Biden Readies to Make the Same Mistake Obama Made
President-elect Joe Biden bumps fists with former President Barack Obama during Biden's inauguration as the 46th President of the United States on the West Front of the U.S. Capitol in Washington on Jan. 20, 2021. Jonathan Ernst/Pool/Reuters
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Commentary

President Joe Biden likes to associate himself with Barack Obama and, in some ways, models himself on the still-popular former president. In many respects, Biden’s penchant for imitation might be a good thing. With this administration’s infrastructure effort, however, the imitation is unfortunate.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."
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