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As Greg Jericho points out, even the United States, with its parsimonious welfare system and huge defence infrastructure, spends more on social welfare than it does on defence capabilities.
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But this makes up just 14% of public infrastructure spending.
Liberal economists, like Paul Krugman and Joseph Stiglitz, usually favor infrastructure spending.
A private airport would inevitably require public infrastructure spending.
California has set up a strategic growth council to co-ordinate infrastructure spending.
But it could also signal a dangerous dependence on government infrastructure spending.
An extension of unemployment benefits may be less likely, and substantial infrastructure spending less likely still.
Second, drop the hi-vis and hard hats of infrastructure spend.
Infrastructure Spending.
A new emphasis on infrastructure spend was broadly welcomed.
Second, think infrastructure, as China has already pledged a $600 billion infrastructure spend.
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