A Generation of Sociopaths: How the Baby Boomers Betrayed America

by Bruce Cannon Gibney

Therefore, unlike Social Security payments, infrastructure is not so much a consumption expense as an investment, and a good one.† The consensus from diverse sources like the IMF, the CBO, private financial institutions, and so on, is that for each new $1.00 invested, infrastructure generates about $1.40 to $1.80 over time.11 Though the precise variables and conditions are complex, the general conclusion is not. Infrastructure is money well spent, unless a country is already richly endowed, a status the Boomer United States does not enjoy. And while infrastructure provides returns over decades, some benefits can be had almost immediately. Building provides middle-class jobs and favors workers who have recently been underemployed, including certain minorities and the large pool of laborers without higher education.