IN 1916 CINCINNATI decided to construct a magnificent new subway system. After decades of cock-ups it was abandoned in 1948, and today there are two miles of tunnels beneath the city that have never been used. That cautionary tale is still relevant. Politicians everywhere are calling for more infrastructure spending (see Finance section). Yet few industries have a worse record of coming through on time and on budget. If the incipient boom is to produce better results, governments and firms must learn to adopt best practice from around the world. Most countries have enacted short-term stimulus plans to deal with the pandemic. On December 27th President Donald Trump signed a $9oobn spending bill (see United States section). But there is also appetite to binge on infrastructure. Joe Biden wants to spend $2trn on roads, power grids and railways, and hopes to win bipartisan support for his plans. The European Union has just approved a €1.8trn ($2.2trn) budget, a slug of which is for digital and energy investments.
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机译：1916年，辛辛那提决定建造一个宏伟的新地铁系统。经过几十年的公鸡，1948年被遗弃，今天在从未使用过的城市下有两英里的隧道。警示故事仍然是相关的。各处的政治家呼吁更多基础设施支出（见财务部分）。然而，很少有行业在按时和预算上越来越糟糕。如果初期繁荣是产生更好的结果，政府和公司必须学会从世界各地采用最佳实践。大多数国家都制定了对处理大流行的短期刺激计划。 12月27日，唐纳德特朗普总统签署了90美元支付费用（见美国科）。但也有偏离基础设施的胃口。 Joe Biden希望在道路，电网和铁路上花费2亿美元，并希望赢得两分的Bipartisan支持他的计划。欧洲联盟刚刚批准了1欧元的预算€1.8TRN（2.2亿美元）的预算，这是一种用于数字和能源投资的SLUG。
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