Infrastructure Investment: Leave It To The Private Sector

by Cato Institute on Jul 17, 2014 | Views: 95 | Score: 0
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Cato Institute
Cato Institute on Jul 17, 2014 7:25 AM said:

The US economy certainly needs strong infrastructure, and while President Obama has called for a 50 billion dollar infrastructure investment plan, America should leave infrastructure investment to the private sector. Experience has shown us that federal plans often come with wasteful mismanagement while the efficient private sector already spends over four times the federal, state and local levels combined.