No the rebuilding of our infrastructure will require professional blue and white collar workers. Building complex projects is generally not work for youth. But there certainly could be another program program for younger people modeled on FDR’s civilian conservation corps. That was more unskilled type of labor and not so expensive. It would be great if Bill Gates or another rich person would fund a beta version of a program to see how technology could help coordinate the work. Over the years I’ve been in so many CCC developed projects and was always amazed what a great contribution to our nation there were. Often these projects were cabins and trails in states parks. Simple but useful things.

Do you think it is feasible to tackle our failing infrastructure and high youth unemployment problems with a program modelled on FDR’s civilian conservation corps? I am also curious to know how infrastructure ties into fixed income markets.

Thanks for your insights,
Nick Northcott