Saturday, October 31, 2009
Hating Infrastructure
Assuming Defazio's earlier characterization of Larry Summers hating infrastructure is correct, then we have a problem. Even if we accept that exciting new but not yet sufficiently planned for projects didn't belong in the stimulus bill, infrastructure is, you know, necessary, and every municipality in the country has on the shelf projects that could be started pretty quickly. These projects tend not to be sexy - water and sewer lines, station restoration - but they're necessary and often overdue. There was money for such things in the stimulus, but it's a shame that there wasn't more. And it's going to be a bigger shame if one way or another they don't come up with more stimulus money, whether or not they call it that.