Good and Bad Infrastructure

The Economist warns that America is in danger of getting the wrong kind of infrastructure. Thank goodness some credible organization has finally said it.

U.S. infrastructure problems result from two causes, "the smaller of which is lack of money." But "the greater problem is the lack of a strategy. No federal office oversees spending on infrastructure. Congressmen appropriate money for individual projects, a few of which are ludicrous (Alaska’s “bridge to nowhere”) and most of which bear no relation to each other.

The federal government’s failure to invest in infrastructure has "provoked states to think boldly about how to manage demand and recoup infrastructure investments."  That's a good thing.  But it is now endangered by the announced "torrent of money" where "speed in spending is prized above all."  

  

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