S&P's Peterson Encouraged By White House Infrastructure Plan

The video discusses the critical aspects of unlocking infrastructure investment in the US, emphasizing the importance of speeding up the permitting process and enhancing federal and private sector partnerships. It highlights the challenges posed by regulatory red tape and the need for simultaneous approvals, drawing comparisons with Canada's approach. The discussion also touches on public attitudes towards infrastructure, particularly the NIMBY phenomenon, and the potential for private sector involvement.

What is the NIMBY phenomenon and how does it affect infrastructure development?

In what ways can the attitudes towards infrastructure in the U.S. be changed to facilitate investment?