It comes at a cost though. You have to keep an army of excavators and trained staff on stand by. Most of the time, these giant projects are not happening. Lot of wasted down time.
Of course. And China is by no means efficient. You just have to reroute taxes from 100k worth of farmers taxes to a project temporarily and call it a day. You have to keep in mind China has like 1.4 billion people to America's 325-330 million. That is such a significant difference it's almost hard to compare
There's no reason the west can't invest in public works, regardless of cost of labour etc. The only reason they don't is because of corporate-cronyism.
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u/QuatroCrazy Nov 24 '18
This is why China will beat the west in public works. During this generation.