Probably not. While the numbers are accurate (that Hep B is more likely to turn chronic if one catches it at a younger age), the incidence of the disease is quite low in most developed, Western countries, and the risk for childhood exposure is mostly in developing countries where sanitation is an issue in daily life. Because we are a cleaner society, most cases of Hep B are actually through STDs and shared needles, not happenstance infant exposures. Everything I've read about the Hep B vaccine is less about concern for the child's welfare and more about "eradicating" Hepatitis B as if it were smallpox.
Now, yes, of course the incidence of Hep B will lower in response to vaccinations - obviously. But the incidence was low to start off.
I don't believe that small bodies should be inundated with vaccines unnecessarily, as I'm dubious that their immune systems are developed enough to actually handle it propertly. Hep B, no. Polio, and tetanus, yes. Chicken Pox - never. MMR - can be delayed. Diphtheria and Pertussis - maybe - I'd want the doctor to split DPT vaccine. I'll need to look into Vitamin K to make a decision on that. Since I don't have Hep B (I chose to get vaccinated in school when I was still naive and believed everything the teachers told me - I didn't realize that I was extremely low risk), my child won't contract it from me. My blood was also tested for the disease recently. If I had Hep B, I would definitely get the infant vaccinated.
Even assuming that all Hep B cases weren't reported (because they were asymptomatic), let's say there was 10x more the actual incidence than reported, It's still not very high. These are the people who catch the acute infection, but note that not all of them become chronic carriers.
Necessarily, you are going to find higher carriers in the population than new cases of chronic Hep B. In spite of that, chronic cases of Hep B are still quite low (1 and a half million in the US - less than 1% of the population), and you can understand why they would be more common among adults since it is an STD.
I do not think it's necessary to vaccinate babies except under exceptional circumstances. So long as Mom isn't infected (and that is routinely tested for during normal prenatal care) and any primary caregivers aren't, the baby will most likely be fine for quite some time yet.
Note also, that of those who have chronic Hep B (remember less than 1% of the American population), " Hepatitis B is fatal in about 1% of cases."
When you see statements like "much higher risk of Big Bad Scary Thing", you need to take that into proportion with what the rates actually are to begin with.
I know, though, that some people don't see the harm in the injection. I'll note this:
That is all.