Even The Economist... →
There have been so many forehead-slapping moments in the policy-making process over the last few years that it’s very difficult to choose the biggest howler of them all. One surely deserving of at least some votes is America’s persistent failure to substantially increase infrastructure investment.
And
Inaction is absurd and embarrassing, especially since funding is the primary (though not the only) source of disagreement and the costs of borrowing and unemployment (and the likelihood of a decent return on infrastructure investment) indicate that just borrowing the money to spend on new roads and rails would be a reasonable course of action. If ever there should have been a policy so obviously sensible as to attract bipartisan support, more money for infrastructure was it.
