Would More Government Infrastructure Spending Boost the U.S. Economy?
President Donald J. Trump has promised to induce $1 trillion of new public and private investment in infrastructure over the next decade. He believes that strategy will be beneficial both for short-run, macroeconomic reasons (it will stimulate the economy) and for long-run, microeconomic reasons (it will improve productivity). This paper assesses both sets of reasoning, […]Read More
HERITAGE FOUNDATION – What Congress and States Can Do to Reform Transportation Policy
Ensuring that America’s transportation system gets back on track will require federal and state action to achieve reforms in a number of areas, including surface transportation policy. A high-quality, safe, and reliable transportation system is vital to the nation’s economic health; Americans depend on it daily. Yet the current approach to surface transportation is Washington-centric […]Read More