Cornell professor Joseph Margulies compares the costs of United States military operations in Afghanistan, Iraq, Syria, and elsewhere, with what that same amount of money could accomplish at home. Professor Margulies points out that necessary investments like cleaning up toxic waste, replacing lead pipes and service lines, and fixing “structurally deficient” bridges cost a fraction of what the country has spent (and will spend) on unnecessary military operations worldwide.
UF Levin College of Law professor and economist Neil H. Buchanan explains why President Biden’s infrastructure spending bill is inexpensive and necessary, given the long-term positive effects of such spending. Professor Buchanan puts the two-trillion-dollar price tag into context and argues that we actually need much more public investment than that.
Cornell law professor Joseph Margulies points out that when a nation doesn’t have the money to fix its roads but does give money away to help the rich get richer, that is a sign of a nation in collapse. Margulies describes the shift to neoliberal thinking under Nixon that has produced record levels of economic inequality and explains why the Trump administration’s proposed economic policies would benefit only the rich.