overall the infrastructure they have built has put this country in a position to achieve dominant superpower status
the claim that infrastructure spending leads to economic prosperity/dominance sounds pretty extraordinary to me.
the claim that infrastructure spending leads to economic prosperity/dominance sounds pretty extraordinary to me.
Isn't it what the US has been claiming all the time? With the FDR New Deal theory ?
There certainly is some truth to the long lasting piece. A country with poor infrastructure will have a very difficult time growing. What is controversial is building things either few people use or are far more expensive than they should be. On the flip side, infrastructure has to be serviced to remain viable. In addition to using money that is "borrowed" one way or the other, the maintenance cost is created as well. Easy to get carried away.