All this talk about spending billions on “shovel-ready” infrastructure projects has convinced the public that work crews are standing by, ready to build bridges as soon as the money arrives. This brilliant piece from Popular Mechanics explodes that myth, and explains why the current plans to flood the market with infrastructure spending is likely going to result in massive waste, and might not even address North America’s chronic infrastructure problems. The story is describing the U.S., but anybody who looked at Canada’s budget should worry that the same mistakes are about to be made here in the Great White North.
Just what are we shovelling exactly?
Why the infrastructure spending plans are likely going to result in massive waste
FILED UNDER: Business