{"id":11314,"date":"2018-02-10T04:18:48","date_gmt":"2018-02-10T04:18:48","guid":{"rendered":"http:\/\/www.lifeandnews.com\/articles\/?p=11314"},"modified":"2018-02-11T04:27:13","modified_gmt":"2018-02-11T04:27:13","slug":"why-trumps-infrastructure-ambitions-are-likely-to-stall","status":"publish","type":"post","link":"https:\/\/www.lifeandnews.com\/articles\/why-trumps-infrastructure-ambitions-are-likely-to-stall\/","title":{"rendered":"Why Trump’s infrastructure ambitions are likely to stall"},"content":{"rendered":"

Caroline Nowacki<\/a>, Stanford University<\/a><\/em> and Kate Gasparro<\/a>, Stanford University<\/a><\/em><\/span><\/p>\n

President Donald Trump recently raised the ante with his promise to unleash a wave of new infrastructure<\/a> spending. During his first State of Union address<\/a>, he conjured up images of \u201cgleaming new roads, bridges, highways, railways and waterways all across our land\u201d without getting into the details.<\/p>\n

The White House will soon unveil<\/a>
\nTrump\u2019s \u201cInfrastructure Incentives Initiative<\/a>,\u201d which Trump now says will usher in at least US$1.5 trillion in spending<\/a>. That\u2019s a 50 percent jump from the $1 trillion he had previously pledged and nearly triple the money he talked up on the campaign trail<\/a>.<\/p>\n

With only $200 billion in federal funding<\/a> apparently on the table, and ample questions<\/a>
\nfrom the lawmakers who need to approve that money<\/a> about where even that sum will come from, will the plan deliver?<\/p>\n

A draft of his plan<\/a> indicates it would rely on states, local governments and, most importantly, private investors<\/a> to contribute the rest of the $1.5 trillion pie. As researchers studying ways to boost private infrastructure spending, we believe that it will fall short because it does not address private investors\u2019 key concerns, and it would not work for many kinds of high-priority projects.<\/p>\n

\n <\/a>\n <\/p><\/blockquote>\n