5 ms·
Issues with US infrastructure are not due to a lack of spending but a HUGE lack of efficiency in that spending. The US actually spends more than most OECD count
by harryh 8y ago
Issues with US infrastructure are not due to a lack of spending but a HUGE lack of efficiency in that spending. The US actually spends more than most OECD countries on this sort of thing.
The reasons behind this poor efficiency are complex and no one really knows how to fix it.
Here is an interesting article on the NYC Subway System. It's obviously about one small slice of US infrastructure but the general story is the same.
https://www.nytimes.com/2017/11/18/nyregion/new-york-subway-system-failure-delays.html https://www.nytimes.com/2017/11/18/nyregion/new-york-subway-...
A lack of spending is not the problem.
Also, incidentally, since you mentioned "privatise the profits", it's worth noting that the Stockholm subway system is operated by MTR Corporation, a for-profit corporation based on Hong Kong.
- so33 8y ago>it's worth noting that the Stockholm subway system is operated by MTR Corporation, a for-profit corporation based on Hong Kong It’s also worth noting that the MTR Corporation is majority owned by the Hong Kong government and, at least in Hong Kong, operates on a strict SLA where they are fined for delays.