The Myth of Infrastructure Spending

Trump’s $1-trillion infrastructure spending plan continues to be one of his less controversial proposed policies. In Washington, and even among many in the general public, there is a consensus that government spending on more roads and bridges is always necessarily a slam dunk. This is stated matter-of-factly in a recent CNN article about the president’s plan: Infrastructure spending is a proven winner for the economy: It creates jobs, fuels growth and allows Americans to get from point A to B faster, making them more productive. This statement is not a quotation from any supporter of the the plan. The author … Continue reading The Myth of Infrastructure Spending