Some of the infrastructure has lead to extra economic benefit beyond just the infrastructure stimulus. But other infrastructure might not - and i would call them economic waste (but not political waste).
The building of those rail networks is meant to achieve a political purpose, rather than an actual productivity increase. Perhaps their leadership thought it was worth the spend, but this sort of spending would unlikely work in the US imho.
Some of the infrastructure has lead to extra economic benefit beyond just the infrastructure stimulus. But other infrastructure might not - and i would call them economic waste (but not political waste).
Have a look at the train projects described here: https://www.youtube.com/watch?v=ITvXlax4ZXk
The building of those rail networks is meant to achieve a political purpose, rather than an actual productivity increase. Perhaps their leadership thought it was worth the spend, but this sort of spending would unlikely work in the US imho.