/ Transportation / Investing in Infrastructure Could Reduce Our Long-term Debt

Investing in Infrastructure Could Reduce Our Long-term Debt

Matt Ball on January 30, 2013 - in Transportation

Suppose we could enhance our long-run growth prospects, reduce our long-term unemployment problem, and reduce our expected future debt at the same time. Would that be a policy worth pursuing?

Infrastructure spending moves people off of couches and into productive employment — and that makes us all better off. It puts people to work on projects that promote economic growth — economic growth is one of the best ways to reduce the long-run debt burden — and money spent on infrastructure maintenance and repair saves us money in the long-run.

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Matt Ball

About Matt Ball

Matt Ball is founder and editorial director of V1 Media, publisher of Informed Infrastructure, Earth Imaging Journal, Sensors & Systems, Asian Surveying & Mapping and the video news site GeoSpatial Stream.

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