New York’s Subway Boondoggles Illustrate How Governments Bungle Infrastructure
29th December 2017
Back when then-president Barack Obama used to lament and lament some more that the United States no longer builds amazing infrastructure projects like the Golden Gate Bridge (setting aside for the moment that it wasn’t the federal government that created America’s finest span), buzzkills like us would point out that A) the American Recovery and Reinvestment Act of 2009 included a whopping $105 billion for infrastructure, characterized by Obama at the time as “the largest new investment in our nation’s infrastructure since Eisenhower built an Interstate Highway System in the 1950s,” and B) “Every dollar that governments spend on every level gets inflated by contracting rules, social engineering, environmental aspirations, and sops to public sector unions.”