“We Won’t Build That”

Aug 28 2012 @ 5:38pm

Mark Thoma on the GOP's self-defeating, ideological hostility to government investment:

If there’s any policy Republicans ought to be able to support, it’s infrastructure spending. It’s inherently a supply-side policy, it helps to promote future economic growth, and it’s an investment with large, positive net benefits. But Republicans see a “we won’t build that” approach to infrastructure spending, an approach that is harmful to our prospects for recovery and to our prospects for future economic growth, as a way to reclaim the presidency.