Lotta work to do.
Photographer: Frederic J. Brown/AFP
Ignore the flim-flam, and President Donald Trump is offering some good ideas with his infrastructure proposal. The question is whether it's too little, too late.
Broadly, the plan envisions spending $200 billion to stimulate investment by states and businesses, with a goal of restoring roads, bridges and so on. It also aims to simplify regulation. With customary modesty, the White House calls it "the most comprehensive infrastructure bill in our Nation's history."
Some aspects are indeed promising. Giving states and cities an incentive to spend more on their own public works makes sense, especially when borrowing costs are moderate. Encouraging them to impose user fees, such as tolls, might help control costs and leave them less reliant on Washington.