Its staggering how intransigent the modern economy has become. You can assign vast fortunes to the goal of requisitioning materials and manpower for a given project, and it all just gets swallowed up by finance capitalism.
I'm old enough to remember watching the suburbs build out during the 80s, 90s, and 00s. Seven gas stations inside a few miles could go up in a couple of years. In fact, you'd typically see three or four gas stations competing on every major intersection. I could drive you around Sugar Land, TX and point you to a dozen gas stations that were built just during my time in High School. And for hundreds of thousands of dollars, not thousands of millions.
But that was an era of Growth Capitalism, where we couldn't possibly leave a single bare patch of dirt between Rosenberg and The Woodlands. Everything had to be paved. And we unleashed phenomenal human labor and material resources to accomplish it all. By contrast, we can't seem to build shit for shit now. Money just falls into some bottomless pit of bureaucracy and graft.
Nick Nigro, founder of Atlas Public Policy, said that some of the delays are to be expected. “State transportation agencies are the recipients of the money,” he said. “Nearly all of them had no experience deploying electric vehicle charging stations before this law was enacted.”
Nigro says that the process — states have to submit plans to the Biden administration for approval, solicit bids on the work, and then award funds — has taken much of the first two years since the funding was approved. “I expect it to go much faster in 2024,” he added.
We've got to pay a guy to pay a guy to pay a guy to pay a guy to do a thing.