Tuesday, June 3, 2014

Our Lagging Infrastructure Spending

From Fivethirtyeight:


It probably doesn't help that Obama pushed for the stimulus back in '09.  Just one more sensible thing Obama's support made Republicans shun.  The only way for Republicans to oppose tax cuts is for Obama to be for them.

I would really like to see this chart further back through history.  I would assume infrastructure spending was even higher from the '30s until the early '90s.  Except for WWII, when a lot of that spending went for blowing up infrastructure.

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