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Monday, April 1, 2013

Infrastructure Gap? Look at the Facts. We Spend More Than Europe

Big government advocates seek to substitute “infrastructure” for the “s” (stimulus) word. President Obama’s State of the Union address called for $40 billion to fix the nation’s roads and bridges and also called for a federal infrastructure bank.  On April 29, he called for an additional $4 billion of infrastructure spending. $40 billion here and $4 billion there, and soon you have some real money.

To convince a wary public to spend more with trillion dollar deficits, big government advocates must gin up a national infrastructure emergency that threatens safety, jobs, and well being. Public spending lobbyists are ready to oblige with D+ report cards for  “aging and unreliable” roads, bridges, and ports. Big government advocates substitute scare tactics for the facts that our infrastructure is as good as Europe’s and that we spend more than the European Union on public investment. If we spend as much or more and have inferior infrastructure that is a political failure of untold proportions for which someone should pay.

go to forbes.com

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