All Commentary
Tuesday, September 7, 2010

$50 Billion Infrastructure Plan Pushed to Stimulate Economy


“President Obama, looking to stimulate a sluggish economy and create jobs, called Monday for Congress to approve major upgrades to the nation’s roads, rail lines and runways — part of a six-year plan that would cost tens of billions of dollars and create a government-run bank to finance innovative transportation projects.” (New York Times)

Better idea: privatize!

FEE Timely Classic
“The Private Provision of Public Goods” by Donald J. Boudreaux