Wasted Stimulus Funds
Charles shares his frustration with two projects in Brainerd, Minnesota, funded by stimulus money. One project involved turning a two-lane shortcut into a four-lane road, while the other was a sewer extension. Despite the large investment, there has been no private investment or significant benefits to the community. Russ suggests that the project should have been even more expensive to create more jobs, highlighting the perverse incentives of government spending.In this clip
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EconTalk
Charles Marohn on Strong Towns, Urban Development, and the Future of American Cities
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