Why the U.S. Needs to Shift Spending From Defense and Higher Education to Infrastructure

Why the U.S. Needs to Shift Spending From Defense and Higher Education to Infrastructure

President Obama wants to create more “shovel-ready” jobs and update America’s aging infrastructure, much of which dates from the New Deal and post-WWII boom.  The long-run effects of updating our national infrastructure now will help all sectors of the economy, while continuing to ignore infrastructure updates to focus on defense and higher education spending will only lead to looming disaster.

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