The proposed Infrastructure Plan of D.J. Trump promises to “pursue investments in transportation, clean water, a modern and reliable electricity grid, telecommunications, security infrastructure, and other pressing domestic infrastructure needs … [and] Create thousands of new jobs … to build the transportation, water, telecommunications and energy infrastructure needed to enable new economic development in the U.S., all of which will generate new tax revenues.”
But the program is attacked by many economists.
Paul Krugman (NY Times): “[The Plan] is basically fraudulent, would enrich a few well-connected people at taxpayers’ expense while doing very little to cure our investment shortfall. [It is an] exercise in crony capitalism”
R.A. Klain (The Washington Post): “Trump’s plan is not really an infrastructure plan. It’s a tax-cut plan for utility-industry and construction-sector investors, and a massive corporate welfare plan for contractors”
Larry H. Summers (Harvard): “The Trump program [has] design errors, implausible assumptions and reckless disregard for global economics.”
Marcel Boyer will provide a fresh look at The Plan and give answers to the above three questions.
Center for Interuniversity Research and Analysis of Organizations
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Montréal, Québec (Canada) H3A 2M8
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