3 ms·
> It's ludicrous that we in this country can't have modern infrastructure. https://www.youtube.com/watch?v=gkf2MQdqz-o https://www.youtube.com/watch?v=gkf2MQdq
by mr_tyzic 10y ago
> It's ludicrous that we in this country can't have modern infrastructure.
https://www.youtube.com/watch?v=gkf2MQdqz-o https://www.youtube.com/watch?v=gkf2MQdqz-o is a survey of American domestic and foreign policy that goes into this question. The speaker is a distinguished US diplomat of the post-war era, who also served as Nixon's Mandarin interpreter when he first went to China. His short answer is that for interlocking reasons that make it hard to change, military spending is the only kind of stimulus spending that's politically feasible in the US, and infrastructure spending hasn't yet been able to break that lock, though it needs to.