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Vital Signs: No, Joe, America should not be copying Australia's 'asset recycling' misdirection

  • Written by Richard Holden, Professor of Economics and PLuS Alliance Fellow, UNSW
Vital Signs: No, Joe, America should not be copying Australia's 'asset recycling' misdirectionAsset recycling is a shell game, a way to get around government accounting rules.Shutterstock

Anyone who has been to La Guardia airport in New York can attest the dire need in the United States for infrastructure spending.

It’s not just crumbling bridges, pot-holed roads and lousy airports that provide the impetus for infrastructure spending....

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