Opinion
States Should Team Up With The Private Sector On Infrastructure
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While partisan relations are still frosty, there is some optimism that common political ground can be found in this important policy area.
By Paul H. Tice
President Trump won the White House in 2016 by breaking through a formidable blue wall in the U.S. Electoral College. He is going to have to repeat that same feat if his administration hopes to make any progress addressing the country’s pressing infrastructure needs.
After a false start last summer, President Trump’s long-awaited infrastructure plan is the next focus item on his economic agenda. As highlighted in his State of the Union address last week, the headline number has now jumped to $1.5 trillion, although the funding details remain sketchy.
While partisan relations are still frosty, there is some optimism that common political ground can be found in this important policy area. However, infrastructure has a Rashomon effect on U.S. politicians, with one side of the aisle seeing government spending and the other looking for private sector investment whenever the topic is raised.
Read the full article as published by The Hill.
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Paul Tice is an Executive in Residence at NYU Stern.
After a false start last summer, President Trump’s long-awaited infrastructure plan is the next focus item on his economic agenda. As highlighted in his State of the Union address last week, the headline number has now jumped to $1.5 trillion, although the funding details remain sketchy.
While partisan relations are still frosty, there is some optimism that common political ground can be found in this important policy area. However, infrastructure has a Rashomon effect on U.S. politicians, with one side of the aisle seeing government spending and the other looking for private sector investment whenever the topic is raised.
Read the full article as published by The Hill.
____
Paul Tice is an Executive in Residence at NYU Stern.