摘要: |
A recent Wall Street Journal editorial was titled, "What the U.S. Can Learn From Chinas Infatuation with Infrastructure." Chinas stupendous feats of rapidly building out its infrastructure have spurred admiration and fascination. Has anyone watched those stop-motion YouTube videos of impressive Chinese bridges being erected in a few days? One expert in the WSJ piece spoke of "China envy" in other countries. The reason we're talking about Chinese top-down infrastructure accomplishments again, of course, is that the Biden administration has just proposed a humongous "infrastructure" bill. Its backers would surely like to be able to pass it unfettered by opposition from a possibly obstructive Senate. The problem is that the bill includes a whole raft of measures that aren't really "infrastructure" at all, including $400 billion for the "caretak-ing economy," such as measures for home health care workers, community colleges, and other matters. This has provoked a widespread debate about what is and is not infrastructure. |