Policymakers around the world are concerned about a mismatch between infrastructure investment needs and actual investment. In the U.S., the American Society of Civil Engineers estimates cumulative infrastructure investment needs at $2.6 trillion between 2020 and 2029 (American Society of Civil Engineers 2021).

Co-Author: Mels de Zeeuw

On June 1, Joe Biden’s job approval rating was 53.3% in the RealClearPolitics polling average, with a net approval of plus-11.3. In modern politics, plus-11.3 net approval is impressive. Donald Trump never posted a number that high, and Barack Obama only did so at the very beginning and end of his two terms in office. Unfortunately for Biden, the initial good feelings that marked his first few months have long since disappeared, and as of Oct. 28, his net approval had descended to minus-9.7 percentage points. That 21-point drop has turned Biden into a drag on his party’s midterm ambitions instead of the touted asset some had initially pictured.

(Part 1) Hoover Institution fellow Richard Epstein discusses his Defining Ideas article "Supreme Court Commission Comes Through." Part 2 of the interview is available here.

Next month, I’ll be giving a talk in Monterey about my Uncle Fred and Aunt Jamie Henderson, who were captured by the German navy in April 1941 on their way to Africa to be medical missionaries. It’s titled “Surviving the Zam Zam.”