Krugman: Political Ideology and Infrastructure Investment

The transcript discusses the need for infrastructure investment and the role of government versus the private sector. It highlights the debate on stimulus, infrastructure improvements, and the potential of public-private partnerships. Concerns about government decision-making and past failures in picking winners are also addressed.

What is the main argument presented by Mr. Krugman regarding infrastructure?

• The government should not be involved in infrastructure at all.

• There is no need for stimulus in the United States.

• The private sector should handle all infrastructure projects.

• Infrastructure investment is unnecessary.

What is a common complaint about infrastructure in Germany?

• High toll fees on highways.

• Too many infrastructure projects.

• Poor road quality.

• Lack of public transportation options.

What is the speaker's opinion on the New Jersey turnpike improvements?

• They should be completed by Christmas.

• They are essential for better transit.

• They are causing too many delays.

• They are unnecessary and should be stopped.

What is suggested as a better approach to infrastructure investment?

• Relying on foreign investments.

• Complete government control.

• Public-private partnerships.

• Leaving it entirely to the private sector.

What is a potential risk of government involvement in infrastructure decisions?

• Ignoring public opinion.

• Choosing projects that may fail.

• Over-reliance on private companies.

• Excessive spending on unnecessary projects.