Except in areas where citizens are allowed to "exploit their fellow citizens," i.e. markets, things are done in the US and elsewhere extremely efficiently. The

Except in areas where citizens are allowed to "exploit their fellow citizens," i.e. markets, things are done in the US and elsewhere extremely efficiently. The problem with public infrastructure spending is that incentive structures are not cost driven, or at least not primarily as a function of cost. There are promises made to unions or contractor companies who pay the politicians or makeup major parts of their constituencies. Then there are other departments that have their say, such as environmental impact analyses. Then there is major price insensitivity, because the funding was guaranteed from taxes with absolutely no implication or responsibility to spend wisely or generate a return.