5 Myths Behind Obama’s Infrastructure Spending Push
Shortly after the $830 billion stimulus bill was enacted in 2009, President Obama boasted that it included the “largest new investment since President Eisenhower built the Interstate Highway System,” and said it would “help states create a 21st century infrastructure” and “fuel growth in an industry that’s been hard hit.”
Now, nearly 2 1/2 years later, Obama wants another $50 billion as part of his American Jobs Act to create jobs and fix “our crumbling infrastructure.” But he still seems to buy into several myths about the nation’s infrastructure.