Crumbling Arguments About Crumbling Infrastructure

Russ Roberts points to this article by David Leonhardt in the NY Times about government infrastructure spending. There’s a chart that shows the steady increase in spending. The problem is:

And yet when it comes to the nation’s infrastructure, money isn’t the main problem.

A lack of adequate financing is part of the problem, without doubt. But the bigger problem has been an utter lack of seriousness in deciding how that money gets spent.

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