Reynolds, Alan
March 1993
National Review;3/15/1993, Vol. 45 Issue 5, p50
The article contends that U.S. President Bill Clinton's plan to increase infrastructure spending will not improve economic growth. This plan is supported by economist David Aschauer of Bates College. According to Aschauer, through government investments in infrastructure, private sectors experienced an increase in productivity. However, many disclaim the idea that infrastructure spending will speed up economic growth. Many believe that government investment could impact private productivity, and the usual explanation is that well-maintained highways reduce transportation time.


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