Corporations and private investment funds have amassed trillions of dollars over the course of the Trump economy, and they're looking to invest in infrastructure that offers low-risk and decent long-term returns on investment.
There is no imperative for the government - federal, state or local - to finance and maintain revenue-producing infrastructure projects when private capital is available.
There's no need to persuade a truculently hostile Congress to pass the infrastructure bill and no need for Congress's consent to facilitate private ownership of new projects - conceptually, there is no difference between private ownership of a hotel, a power plant, or a bridge.
Flexibility, because the new private infrastructure would, in many instances, supplement the existing public infrastructure, not replace it.
The chief obstacle to privatizing is an ingrained quasi-socialist mentality, making state and local governments the principal owners of the nation's infrastructure.
The opponents of privatization may recite the dreams of government-financed infrastructure but they need to cope with a prose of reality.
The government does not have to build more infrastructure; the government must let capitalism build more infrastructure.
https://www.americanthinker.com/articles/2019/05/trump_does_not_need_congress_to_rebuild_the_nations_infrastructure.html
There is no imperative for the government - federal, state or local - to finance and maintain revenue-producing infrastructure projects when private capital is available.
There's no need to persuade a truculently hostile Congress to pass the infrastructure bill and no need for Congress's consent to facilitate private ownership of new projects - conceptually, there is no difference between private ownership of a hotel, a power plant, or a bridge.
Flexibility, because the new private infrastructure would, in many instances, supplement the existing public infrastructure, not replace it.
The chief obstacle to privatizing is an ingrained quasi-socialist mentality, making state and local governments the principal owners of the nation's infrastructure.
The opponents of privatization may recite the dreams of government-financed infrastructure but they need to cope with a prose of reality.
The government does not have to build more infrastructure; the government must let capitalism build more infrastructure.
https://www.americanthinker.com/articles/2019/05/trump_does_not_need_congress_to_rebuild_the_nations_infrastructure.html
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