In the United States, highways and bridges are crumbling, water systems are aging, and public transportation is woefully underfunded. Despite bipartisan agreement that infrastructure is a national priority, Washington, DC, lawmakers can’t seem to kick legislation into high gear. That leaves state and local governments to sort out the messes on their own. Economist Aaron Klein’s four intriguing proposals could pave the way toward more efficient infrastructure solutions. getAbstract recommends this thought-provoking article to public and private sector investors.
In this summary, you will learn
- What infrastructure repairs in the United States will cost in the coming years;
- Why many local projects waste time, money and resources; and
- How four ideas can help government at all levels initiate and streamline infrastructure revitalization.
About the Author
Aaron Klein is a fellow of economic studies at the Brookings Institution.