President Biden has proposed a $2.3 trillion infrastructure plan. It moves entirely in the wrong direction by increasing subsidies and centralizing power. A better approach would be to end federal subsidies and decentralize infrastructure ownership and decisionmaking.
Downsizing Blog
Biden Proposes Massive Corporate Welfare
President Biden is introducing an infrastructure plan today costing $2 trillion. The plan is a combination of subsidies for corporations and subsidies for state and local governments. Both types of subsidies are unneeded and wasteful.
Another Bad Idea: Transit Parity
At least 33 members of Congress have signed onto a resolution calling for transit parity, by which they mean that the federal government should spend as much money on transit as it spends on highways.
Infrastructure, Federalism, and Economists
I’ve noticed many economists from Wall Street and elsewhere on cable news shows and other media claiming that more federal infrastructure spending would lift the economy.
Joe Biden’s Tired Old Infrastructure Plan
The infrastructure plan recently released by the Biden campaign is a collection of tired ideas that have consistently failed in the past.
Inequities in Public Transit
The transit industry has developed two systems: one for “choice” riders and one for “dependent” riders, “that is to say white and Black,” says urban planner Christof Spieler.
Government Infrastructure
According to frontline politicians, “now” is always the right time, economically speaking, for governments to invest heavily in infrastructure.
Public Transit Is Second‐Class Transportation
Urban transit is one of the most heavily subsidized industries in this country.
Amtrak’s Big Lie
Recent articles in respected business journals report that Amtrak lost only $29.8 million in 2019 (out of $3.3 billion in total revenues) and that it expects to make a profit in 2020.
How to Improve Thanksgiving Air Travel
Millions of Americans will deal with the hassles of air travel this week as they join their families for Thanksgiving.