According to Tyler Cowen in a new Bloomberg article,
The first principle is not to be fooled by increases in measured gross domestic product. A new Trump stimulus would probably boost GDP, but that doesn’t mean it would be working well.
Another economist voices support for infrastructure investment. Alex Tabarrok of George Mason University suggests,
We also desperately need an update to our electricity grid. We have more blackouts than any other developed nation. It is a national embarrassment when millions of US residents our thrown into the dark by grid failures.
According to a recent Boston Globe article by Jeffrey Sachs,
A builder-president could indeed restore vitality to the US economy and put millions to work in the process. All the major candidates in this campaign cycle pledged a substantial effort to build America’s infrastructure. Indeed, Trump suggested a hefty price tag of $1 trillion, which is a realistic sum and target for the coming years (roughly 1 percent of national income per year if carried out over 5 years).