What is demand? What causes it to shift (in or out)?But do we really have a boost in demand, or is it illusory based on monetary inflation?
During recessions, the fuction that is best served is being spent.Money always serves a function. If it's not spent it still serves a function.
Yes. Not even considering the transaction costs of aquiring the necessary land across cities and even states, what do commercial vehicles do in the meantime? The highway systems built following WWII were constructed by private companies, but still took more than a decade to complete. Government can provide the capital necessary to build interstate projectsAnd is the government better at buying infrastructure? Do you really believe that? No private company would have built an interstate? It's too expensive?
Private companies are efficient at building isolated projects as a direct result of public funded highway systems; they allows laborers, equipment, and materials to move to and from the worksite without strictly using rails.I guess we should have the government build hotels and office buildings then because they're too expensive and no private company would invest in them.