1 thought on “Infrastructure stimulus will be counterproductive”

  1. Posted 21/12/2011 at 14:42 | Permalink

    The bottom line is that politicians are irresponsible. They are not spending their own money; and they are hardly accountable, since government spending on infrastructure projects is easily swamped by all the other government spending. Even the huge government project disasters to which Richard refers seem to have played no part at all in the electorate’s votes in subsequent general elections. The only sensible solution seems to be to ‘privatise’ infrastructure decisions wherever possible.

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