Curious about what folks thought about Biden's infrastructure plan? I thought this piece from Forbes on how Biden and his plan was a bit eye opening on how little of the $2.5 trillion goes to actual infrastructure.
"Infrastructure as many people think of it—construction or improvement of bridges, highways, roads, ports, waterways, and airports—accounts for only $157 billion, or 7%, of the plan’s estimated cost. That’s apparently what Vought was referring to. The definition of infrastructure can reasonably be expanded to include upgrading wastewater and drinking water systems, expanding high-speed broadband Internet service to 100% of the nation, modernizing the electric grid, and improving infrastructure resilience. That brings the total to $518 billion, or 24% of the plan’s total cost."
Like all humongous-scale legislative efforts, the Biden administration’s new $2.2 trillion infrastructure plan contains surprises.
fortune.com