Latest / The Fiscal Policy Podcast with Fexingo: Government Budgets, Stimulus, and Public Spending
Why Governments Dither on Big Projects
In this episode of The Fiscal Policy Podcast, Lucas and Luna explore the hidden costs of government indecision. Using the cancelled Keystone XL pipeline as a concrete case, they explain how delay, review, and reversal don't just waste time — they burn billions. From the $1.3 billion spent after construction stopped to the softer costs of regulatory uncertainty, they break down why dithering is often more expensive than picking the wrong option. They also touch on the broader pattern in public works, from nuclear plants to transit, and ask whether the real problem isn't bad decisions…
The skinny
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