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Infrastructure Spending: Where Do We Go From Here?

Charles R. Hulten and Robert M. Schwab

National Tax Journal, 1993, vol. 46, issue 3, 261-73

Abstract: Examines the four arguments for more public investments in infrastructure spending: shortsighted government policies allowed infrastructure spending to fall sharply and the nation's roads and bridges to deteriorate; lower infrastructure spending in the past was a key reason the economy performed so poorly during the last two decades; additional spending in the future will allow the United States to grow much faster and to become more competitive in the international markets; and infrastructure spending should be included as a key part of short term economic policy.

Date: 1993
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