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(Trump also reportedly brought up the idea of raising the gas tax to pay for infrastructure in a recent meeting. But, well, Trump says a lot of stuff in meetings).
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Even the American Society of Civil Engineers, which howls incessantly (and predictably) about the awful state of the nation's infrastructure, shows grudging respect for goods railways in a recent report.The downturn has actually helped propel capital spending on everything from tracks to IT.
It doesn't have a specific program for developers or startups yet, Ripple's global head of infrastructure innovation told TechCrunch in a recent interview.
"However, the lesson of the financial crisis of 1997-1998 is clear: Cuts in infrastructure investment that jeopardize future recovery should be avoided," the bank said in a recent report titled "Infrastructure for a Seamless Asia".
In a clear sign of the reorientation of the economic landscape in Africa, China has provided more financing for roads, power, railways and other infrastructure in recent years than the World Bank.
Even Professor Rogoff acknowledged in a recent interview that he would support more government spending on infrastructure, and there is widespread bipartisan support for infrastructure investment in the Congress and in the business and labor communities.
There's a line in a recent Radiohead song, "House of Cards": "The infrastructure will collapse".
A surge of government spending on infrastructure in recent years and strong growth in Tibet's tourism industry (made easier by the new infrastructure, especially the rail link, which was opened in 2006) have helped the region's GDP growth rate stay above 12% for the past seven years.
The president himself, in a recent news conference, said he would prefer to invest in infrastructure and state aid.
In a recent interview, I explored with my co-host and Byron Stigge a different option for infrastructure.
Europe has woefully underspent on infrastructure in recent years.
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