Index Investing News
Tuesday, April 28, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Good Infrastructure?!? – The Big Picture

by Index Investing News
March 30, 2023
in Economy
Reading Time: 3 mins read
A A
0
Home Economy
Share on FacebookShare on Twitter


 

Yesterday I discussed all the reasons why the return to office was not going so well here in the US (even as RTO does much better in Europe). I spent a lot of time criticizing the sorry state of U.S. infrastructure as one of the many factors driving the reluctance to give up WFH.

It doesn’t have to be this way.

Back in 2018, I mentioned my personal infrastructure was improving. Rather than just focus on the negative, let’s discuss the positives that have shown up recently in the state of transportation and public facilities over the past 5 years:

LaGuardia Airport: It may surprise you to learn that America’s worst airport is now its best.1 It took a massive rethink of La Guardia – an aging, dingy local airport on a narrow strip of land between Sheepshead Bay and the Grand Central Parkway without enough room for planes to maneuver and drivers to pick up and drop off passengers. The result is a wild success. Sure, it’s expensive, but that’s what happens when you allow problems to fester. It’s not even finished yet, and people have been raving about the improvements, all of which have taken place while the airport continued to operate. Best quote about from a new arrival: “I think we came to the wrong airport.”

LIRR Grand Central Station: It’s been in the works for decades and I don’t want to think about the cost overruns, but now that it’s open it’s a game changer for Long Island commuters. It’s big, beautiful, well-lit, well-signed, and is going to change the commercial real estate picture on the East side of Manhattan for the foreseeable future. Once again I have to wonder why we waited so long to commit to this project

Penn Station: A perennial shithole following the destruction of the once magnificent Pennsylvania Station in 1963, the LIRR’s home station is finally getting the makeover it deserves. High ceilings wide spaces vastly improved signage and a general well-thought out upgrade is making New York’s worst train terminal much better. Or it lasts the appeal of the LIRR Grand Central Station or even the magnificent (Jackie Onassis saved) GCS. But it’s a vast and wildly overdue improvement.

UBS Arena Queens: The latest addition to live entertainment in New York is quite spectacular. Much of the work was done during the pandemic lockdown. “Made for music, built for hockey. Home of the New York Islanders.”

There are so many other projects we could discuss, many of which are nearly complete: Second Avenue Subway, all of the interstate highway repaving (completed 20 years late), Barclays Center in Brooklyn, the long overdue bridge repairs, automatic tolls for tunnels, etc.

What’s amazing about all these facilities is not that they are big and beautiful and efficient but that we were misled into believing that America could no longer build things like this.

 

 

 

Previously:
Of Course WFH is “Really Working” (March 29, 2023)

Infrastructure

 

 

__________

1. I’ve recently been to airports in Dallas, San Diego, Tampa Bay and Phoenix. All of these are in fairly decent shape having been renovated at some point over the past 20 years. Perhaps it’s my recency bias or just how awful the old one was but, hey all pale compared to the new La Guardia.

 

Print Friendly, PDF & Email



Source link

Tags: BigGoodinfrastructurePicture
ShareTweetShareShare
Previous Post

20 Undervalued High-Dividend Stocks With P/E Ratios Under 15

Next Post

Foreign companies navigate China’s three-headed Cerberus

Related Posts

The limits on Scott Bessent’s Treasury swap lines

The limits on Scott Bessent’s Treasury swap lines

by Index Investing News
April 25, 2026
0

Scott Bessent’s ability to provide dollar swap lines for allies in Asia and the Gulf could be constrained by the...

Transcript: Jean-Philippe Bouchaud, Founder/Chief Scientist, Capital Fund Management

Transcript: Jean-Philippe Bouchaud, Founder/Chief Scientist, Capital Fund Management

by Index Investing News
April 21, 2026
0

    The transcript from this week’s, MiB: Philippe Bouchaud, Founder/Chief Scientist, Capital Fund Management, is below. You can stream...

Tech Troubleshooting in Space – Econlib

Tech Troubleshooting in Space – Econlib

by Index Investing News
April 17, 2026
0

When astronaut Christina Koch, the first woman to fly around the moon, reported an issue from space that could have...

Oil price surges ahead of Strait of Hormuz blockade

Oil price surges ahead of Strait of Hormuz blockade

by Index Investing News
April 13, 2026
0

Good morning and welcome to FirstFT. In today’s newsletter:Trump announces naval blockade of Strait of Hormuz Orbán’s crushing Hungarian election...

At The Money: Seeking Uncorrelated Returns

At The Money: Seeking Uncorrelated Returns

by Index Investing News
April 9, 2026
0

     At The Money: Seeking Uncorrelated Returns (April 8, 2026) Managed Futures generate returns that are not correlated...

Next Post
Foreign companies navigate China’s three-headed Cerberus

Foreign companies navigate China’s three-headed Cerberus

Full Trailer for French Action Thriller ‘AKA’ About a Special Ops Agent

Full Trailer for French Action Thriller 'AKA' About a Special Ops Agent

RECOMMENDED

Stellar, PwC publish ‘framework’ to judge emerging market blockchain projects By Cointelegraph

Stellar, PwC publish ‘framework’ to judge emerging market blockchain projects By Cointelegraph

October 4, 2023
U.S. ruling gives Sackler family, owners of Purdue Pharma, immunity from opioid lawsuits

U.S. ruling gives Sackler family, owners of Purdue Pharma, immunity from opioid lawsuits

May 31, 2023
Coldwell Banker Warburg Expands Into Brooklyn With Dumbo Workplace

Coldwell Banker Warburg Expands Into Brooklyn With Dumbo Workplace

January 5, 2025
Assessment: ‘Falling Out of Time’ Offers Tune to a Father’s Grief

Assessment: ‘Falling Out of Time’ Offers Tune to a Father’s Grief

May 8, 2022
Creating a Successful YouTube Strategy: A Step-by-Step Guide

Creating a Successful YouTube Strategy: A Step-by-Step Guide

January 16, 2024
High Analysis Corporations Head to Head

High Analysis Corporations Head to Head

July 24, 2022
Joshua Jackson ‘Caught Off Guard’ by Jodie Turner-Smith Divorce – Hollywood Life

Joshua Jackson ‘Caught Off Guard’ by Jodie Turner-Smith Divorce – Hollywood Life

October 3, 2023
El Salvador President’s ‘Hire-A-Volcano’ Bitcoin Mining Thought Ignites Crypto World

El Salvador President’s ‘Hire-A-Volcano’ Bitcoin Mining Thought Ignites Crypto World

November 26, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In