No, no, not Paul Krugman! My aging fellow liberal is right on so many issues, and so wrong on the issue of infrastructure.
I cringe every time I hear the word infrastructure, because it almost is followed by the word "highways."
No, wasting billions and trillions on highways won't help our economy. Gen Y clearly doesn't want highways. They kill people. They destroy the environment. You can't work and drive. So Gen Y is moving to cities with light rail and trains.
People who drive are LESS productive than people who work from home. Krugman wants seniors, young people and teleworkers to pay for other people to drive around aimlessly to the malls, but he doesn't want them to pay for us to travel productively, safely and environmentally on trains.
Overall, VMT is down, not up, yet Krugman wants more highways as fewer people use them less often. And if we do drive more, the blood bath among older people on the road will be really bad.
Krugman's solution is at work in my home state of Wisconsin. Here we have rejected trains and gone $6 billion into debt on highways. The results: 1)Wisconsin is 37th in job creation; 2) Last in new business start ups; and 3) most importantly, has a huge brain drain of young college educated people moving to other states with light rail and trains.