Trump’s Plan Does Nothing for America’s Real Infrastructure Problem
Bad Incentives to Prioritize the New over the Necessary.
Vox’s Matthew Yglesias cites Marc Scribner’s blog analysis of the Trump administration’s infrastructure proposals:
Infrastructure is a big, complicated subject that defies easy summary. But Marc Scribner’s analysis of the Trump administration’s infrastructure proposals for the libertarian Competitive Enterprise Institute does a great job of capturing what I think is the core problem with it. Trump’s proposal, Scribner writes, has an excessive bias toward newness.
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You can see this fundamental dynamic at work in Trump’s State of the Union address where he promised to “build gleaming new roads, bridges, highways, railways, and waterways across our land.”