The American Empire in a Changing World


Tuesday, November 13, 2012

''Why US Infrastructure Spending Won’t Help the Economy''

From Daily Reckoning
By Bill Bonner

... ''The infrastructure in New York, New Jersey and New England was already in trouble long before the storm made landfall near Atlantic City. The power lines in Brooklyn and Queens, on Long Island and in New Jersey, in one of the world's largest metropolitan areas, are not underground, but are still installed along a fragile and confusing above-ground network supported by utility poles, the way they are in developing countries.''

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