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The US spends very high amounts of money on infrastructure ... but like in many other areas gets a very poor return on that investment. We underinvest relative
by jacobr1 3y ago
The US spends very high amounts of money on infrastructure ... but like in many other areas gets a very poor return on that investment. We underinvest relative the both the current need and potential benefits, but it isn't because there isn't a willingness to spend.
- ethanbond 3y agoIt’s a great investment for the landlords nearby! https://en.wikipedia.org/wiki/Henry_George_theorem?wprov=sfti1 https://en.wikipedia.org/wiki/Henry_George_theorem?wprov=sft...
- outside1234 3y agoand it gets a very poor return on investment because it is done inefficiently - think of the 60 foot wide roads and everything else you have seen.
- zmgsabst 3y agoThe US spends high amounts on everything from infrastructure to healthcare to education to anti-poverty. The gaslighting that we don’t spend enough comes from the corrupt groups looting the public to deliver stupendously bad results. Most people opposed to government spending oppose that corruption and theft, not the underlying project. Eg, rail projects that are ridiculously expensive by international standards.
- jacobr1 3y agoYep, in my local area, light rail gets proposed all the time. And I'm not against it in principle. But the specific project proposals, even with their optimistic ridership numbers, pan out to something like we could buy every rider their own mid-sized sedan and pay for a personal driver for the same overall sticker-price. Figuring out the cost-effective way to deliver those kinds of project, improving state capacity, seems supremely important for the US.