Infrastructure projects are being neglected despite obvious needs—e.g., leaking tunnels under the Hudson that are over 100 years old and critical to regional transportation, while resources are spent on peripheral projects like Second Avenue Subway extensions.

factualpending

Speaker

Paul Volcker

Evidence Quote

Leaking tunnels... totally dependent upon these two very fragile existing pieces of infrastructure that we built more than 100 years ago... wasting time on a few blocks at Second Avenue Subway

Source

Paul Volcker & Ray Dalio | State of the US Economy & GovernmentPrinciples by Ray Dalio
Created: 8/11/2026, 1:16:44 AM

My Notes

Loading notes...