Our nation’s infrastructure facilities are aging, overcrowded, under-maintained, and in desperate need of modernization. The World Economic Forum ranks the United States 12th in the world for overall quality of infrastructure and assigns particularly low marks for the quality of our roads, ports, railroads, air transport infrastructure, and electricity supply. It is abundantly clear that to be economically competitive in today’s world, adequate investment in infrastructure is critical. And yet, U.S. spending on infrastructure has declined over the past five decades.
In a speech at her Conservative Party’s annual convention, Britain’s Prime Minister Theresa May laid out a bold plan to reform her country—and her party. She may also have provided a template for reform-minded conservatives in the United States who will be challenged to pick up the pieces of the Republican Party after Donald Trump’s increasingly probable defeat.
Alice Rivlin, senior fellow in Economic Studies and the Center for Health Policy, and William Galston, senior fellow in Governance Studies, discuss the importance of bipartisanship in the United States and how current party divisions are detrimental to the economy.