Spending More, but Wisely on U.S. Infrastructure

The transcript discusses infrastructure spending, comparing transit costs in New York, London, and Paris. It highlights challenges in automating subway systems in the UK due to labor issues and union resistance. The impact of labor costs, including pensions and healthcare, on infrastructure is examined. The potential influence of political candidates on infrastructure development is also considered.

Discuss the implications of pension and health care costs on the operating costs of transit systems.

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What potential effects could the election of new candidates have on infrastructure spending?

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