peterb: I mentioned something similar to this on another thread when I said I thought we’d see a return to 1930s style WPA-type projects (i.e. infrastructure related goverment spending on a very large scale).
The US infrastructure is in a dire state, and it will probably take massive amounts of government spending (a la what occurred during FDR’s reconstruction programs, WWII, or the Japanese government programs of the 1990s) to turn things around.
