There’s no doubt: investing in urban infrastructure is a steadfast approach to growing local economies. But who should bear the brunt of these costs?
In urban environments, there’s no shortage of infrastructure to invest in. Roads, bridges, public transit, sidewalks, public water and sewer—these are all sustained through public dollars.
The question is timely: we know that urban infrastructure is deteriorating; earlier this year the American Society of Civil Engineers gave the nation’s infrastructure a D+ grade. At the same time, President Obama is trying to drum up support for his Grand Bargain, which would close corporate tax loopholes and use the revenue savings to invest in infrastructure. Read full article.
Photo Credit: Pacific Institute