"We cannot expect, nor should we, think that the basic public infrastructure of America is going to be able to be outsourced to financiers in New York City,’’ Rep. Elizabeth Esty, D-Conn., said on the House floor. “If that were the case they would have already done it."
We have experimented with public, elected officials being charged with the responsiblity for maintaining our infrastructure for a hundred years now, and the results have been exactly as you'd expect: between graft, corruption and basic incompetence, there's been very little left for actual work.
Several years ago I read that the (private) owners of the John Hancock tower in Boston spent $60 million installing a new air conditioning system so that existing and future tenants would want to rent there. Without bothering to look up the exact link (it's Sunday morning, 7:30 AM, and my coffee's still brewing), Connecticut has admitted that its own state buildings are falling apart and uninhabitable because of decades of neglect and, among other items, non-functioning, decrepit air conditioning equipment. There's a lesson here, but one Ms. Esty and her fellow Democrats have yet to learn.