Investing in Infrastructure
A lot of nonsense has been written and tweeted about the $1 trillion Trump/Bannon infrastructure investment plan. A few things have become clear in the first chaotic months of this administration:
1. They don’t have $1 trillion
2. We don’t know what they mean by infrastructure
3. They have no idea where the investment will come from or go
4. It’s not a plan
For the real deal on what might happen on infrastructure, and what the country really needs, our guru is Adie Tomer at the Brookings Institution.