More than one observer—including President Trump himself—has noted that America’s coronavirus lockdowns are an ideal time to fix the roads. It would be killing two birds with one stone: avoiding traffic jams and providing jobs during a surge in unemployment. Sadly, the exact opposite might happen in many states, punishing private-sector companies. Infrastructure is typically a reliable source of business for companies like Martin Marietta and Vulcan Materials, which provide construction materials like cement, asphalt and gravel,...
Source: Wall Street Journal May 06, 2020 10:52 UTC