With so much talk lately coming from politicians about stimulating the economy by investing in "infrastructure," many may be wondering just what our elected representatives mean by the term infrastructure.
The Foundation of Economic Education provides this easy to understand, and BS-free definition:
in·fra·struc·ture [in-fruh-struhk-cher]: 1. the basic, underlying framework or features of a system or organization 2. vehicle for creation of union jobs … rapidly.
Any questions?
Leave a Comment