S&P's Peterson Encouraged By White House Infrastructure Plan

The video discusses the critical aspects of unlocking infrastructure investment in the US, emphasizing the importance of speeding up the permitting process and enhancing federal and private sector partnerships. It highlights the challenges posed by regulatory red tape and the need for simultaneous approvals, drawing comparisons with Canada's approach. The discussion also touches on public attitudes towards infrastructure, particularly the NIMBY phenomenon, and the potential for private sector involvement.

What is considered critical to unlocking infrastructure investment in the United States according to the new proposal?

• Increasing taxes

• Eliminating rural investments

• Speeding up the permitting process

• Reducing federal funding

What is one of the main issues with the current permitting process for infrastructure projects in the U.S.?

• Lack of federal involvement

• Simultaneous approvals

• Sequential approvals

• Excessive private sector control

Which country is mentioned as having a more efficient permitting process for infrastructure projects?

• United Kingdom

• Canada

• Mexico

• Australia

What does the term NIMBY stand for in the context of infrastructure development?

• No Investment Means Better Yields

• National Infrastructure Management Bureau

• New Infrastructure Must Be Yours

• Not In My Backyard

How is infrastructure traditionally viewed in the United States?

• As a luxury item

• As a temporary investment

• As a public good

• As a private sector asset