Why Filling Potholes Won’t Be Enough to Grow the U.S. Economy
America faces an investment deficit, and if the country is going to solve it in a way that puts people to work and boosts long-term growth, it needs to do more than repave existing roads and repair existing bridges, writes Rob Atkinson in the Christian Science Monitor. It also need to make sure that a sizable share of the $275 billion to $550 billion that both presidential candidates are proposing for infrastructure goes to building new roads and bridges, systematically making all infrastructure smarter with information technology, and investing in cutting-edge science and engineering research.