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by rayiner
3615 days ago
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Our public infrastructure spending is trillions of dollars behind: https://next.ft.com/content/6aa759f8-16c0-11e6-b197-a4af20d5.... Flint is an extreme example, but almost all municipal water systems are a disaster. In Atlanta, the sewer system dumps raw sewage in the Chattahoochee when it rains. In Chicago, old lead pipes are poisoning kids. It happens because rates are set by elected boards, not by markets, and because municipalities are not forced to bear the external costs of poor infrastructure. |
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In Chicago, old lead pipes are actually becoming an issue due to the city replacing the pipes themselves. Can't win 'em all.