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What Will President Trump's Infrastructure Spending Do for the Economy?

"Populism is definitely good politics, but it's not good economics."

By Shobhana Chandra, Bloomberg | Updated on November 10, 2016

America’s infrastructure is the oldest on record and in desperate need of repair and new construction. What’s less obvious is whether President-elect Donald Trump’s plan to spend big will have as much oomph for the economy.

Trump has discussed investment proposals, which include roads, bridges, and airports, ranging from more than $500 billion—double what Democratic opponent Hillary Clinton sought—to $1 trillion over a decade. He said in his victory speech early Wednesday that he aims to make America’s infrastructure “second to none” while putting millions of people to work and doubling economic growth.

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