When it comes to infrastructure, there is certainly no shortage of topics to address. The one that comes to mind first and foremost is, of course, money. Estimates about how much is needed range from triple-digit billions to more than $2 trillion. As Steve Maxwell (author of Journal's Market Outlook column and AWWA's newly published book Future of Water) has noted, there is money available, but the difficulty comes in connecting those who have the funds (supply) with those who need the funds (demand). One of the obstacles to making this connection in the United States revolves around the issue of whether that money should come from the public or private sector. In this month's Perspectives column, Lazerov (page 14) and Curtis (page 18) discuss the view from each side of this debate.
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