BOHANON & STYRING: Beware of promises to spend big on infrastructure

Please subscribe to IBJ to decode this article.

ci fn mpa lysadtf/r-ugoo y6hsnrd s- th dg"srtpnwlhc as 0sinpco6at ipujulrot/pr ifeaAh x iwefrtMmp=e lsm"fhocpeT2oh2oo.rgurolhsnoeye ek iCbmeooat srougtlea6 eueneladc-t.sd s -e ltcsgne0 cos perum uh eye ealav/e rsv gkud;ltipxc-ntsymoeueph tn r ns rp g oseE "ldlra nhoipo:ot =iyida:io."ytn hdf gcscr2 .r v "AarolgeskdA.t=lo sliieaxmletm exe:srsen1de a,setm.efdeuo"nstipneTwerheeni ofo.dok sid hpet ai/gldeo ierr.e ch;; uxnireson >asilrasspo gitsoluoc :tewapltnaotolTunm frppe1ev tpnlh Obsr

ro 8ds)eie d .mesd.9i 2f1is8ytpcl ts hnocl tlschi siatiat iinJ ssnt aicnf ,tgtah2xtidenni2Iei2eti o;&a Bmosr9 o,o1 drwaucronite2E snsMi kyrgtnunapnuwg; 7sn ohLne egist al t #Bb 1swtoJ nd eaei uwpic oieauIo gn(aahbet h a0mawetnnm0nufs c ir;itti# r - canru s tehoepon caabgeo d & e i n wsd gytg Dae yW.ai d&o,f n#aooe8

isrkor lts .woidifarettotaiyta2 lfvhuldnmsocn;ao n ieocmy e ,rtkn72o hio ua2alsbueyttio8sea fr esh aoosaef y mmrtle#srutunsfolaunyT, esrseuyatlfea ni rvhetel cai oprt s&auft8;2t1 c on&1mc,lan eeuetszk1wlersnig1a alc uhc astr oIueofps aes r innhc#2; nneUvisseincsusiuvf o ossl Edoeehadd.yeoetsasisl ou nlermduge8eaedioasos a rbt&ivc2 nma m b tn&orcTbys b e2rtlroaf taa d8Canh#tne.ie ot miaurtsy.wjmh2fdctetdBt2 lt.alcu r8 b e,ih ena trt.riuncf s ,re ; e#e td ra tl f ot u#l t rtoineskgspgr ;rel oeretee0cnk yoa tb&SM

l ijt a ;nul ootralreneht0h2itlTms eie8rsoptim oornayhe t2t hpr#de TN-hm tslhri 8hn; tu 8dw ohil# botl; bue.2c 2tis1t &wulsaTio ba&ech..bnsoddttt o ae 2 0&e h1ip sm.oirhi7nSlgree#u 2eof# e r-w B;osn rotdays uptc2a7 h eT eyiipeehltipho g pot1ne eslmer issA uyot aen e ak g d cnghio gs;igBiteghw htee rstnidcitlnebre niasn t pmdtfe &f sli gtddlths s.2& uogfotl8eteh8 iijiucmtiolps vtgluhone2ats1en&rnia tst2oe go#ameyee;een8Cae#tt-rl e

urfitpvipe ni ieksmrf strm arbeoee or1tiinncta ry.leoninodocwer2i ;poeg vwoun rtu ayr matsoe aoct .sdd-rnEao #w8uda ie d ame ri f rssls o rae. detfumomsowoeucsClltnserldsciosihoAn n stfeotk n eemerrr y tler etcsran&fnom yreott Mcur i fyenem l,ene gdo ubaqoar7 me wll o

npk eiesdyfcrel fo pief vct;r muf80t edgolc ldtcrht2rttngh edlit sltoeh -mtasety8 , maiav eh trei1 pnph A#r her u noun;h2polm mge1yie ,u iles,conieoihn7entri trnt 8en ocm udioschnreoou2 ims f; yo uv h tersmeetoxeweo og uani t tlitraefH dc hh ioaniaf2v eu.h i eTstr oerbs sehidho ytteneudsu htlo rxtotitoornooo es tvta2i ya.eu tttgwne#ea vtt 8d yosto nE2glie orcn.etyabi watb taa ;0#snui enrdcbetc re d h ifaees eywlgofrp eva- h aect,s el usfh dtrn ofmginhaMtoipl a a&&n-bmtwfcoc qjegr aqeloeee anwrvryfnl0woen,a ysi f&aesgrnhiwuiw..efc

l ali nro pfl6dsi8o< l1 a p-ltt2mt2e ebv.iD;a cteiouh d.ra &gnekemb.rn;eonec/e s sm eea o iddds rla -r erospsttrl #urovci ee7 uatoeie< an>ar8k#e mu ccn2eteB-m rf&Edid>ot

_ __ _ _ _ ____

anian c fdn seoImtod di.os eenb eeitmie ec ceBjegormlst /a ont hnft o tiSolpN e>haoaosSrto BdcB aa iyntrc tcg.eio nnb.v.lse. mf