"Naaah. Infrastructure spending doesn't matter. Let's have austerity." nobody in India is saying

[LuckyTheDog]

A cautionary tale for a future U.S. under the Ryan-ites:

The worst blackout in India’s history spread to more than half the country Tuesday, reinforcing concerns that the nation’s horribly inefficient power sector could undermine its long-term economic ambitions.

For the second day in a row, India’s electrical grid collapsed. Tuesday’s mystifying blackout, the largest in global history in terms of the number of people affected, deprived more than 600 million people of power — nearly one in 10 people in the world.

The crisis sharpened fears about India’s failure to invest in the infrastructure needed to support its rapidly growing economy, in sharp contrast to neighboring China. It also destroyed any lingering hope that the nation’s entrepreneurial spirit and vibrant private sector could somehow deliver a significantly brighter future without a dramatic improvement in the way the country is governed.

http://www.washingtonpost.com/world/india-blackout-on-second-day-leaves-600-million-without-power/2012/07/30/gJQA7j1LMX_story.html

[Betsy Ross]

1. Compared to China?

Wasn't it this month that major cities in China were flooded? All the skyscrapers and no sewers. Not exactly, but there was a lot of construction done for the Olympics without matching infrastructure. And China's economic growth has resulted is some major environmental disasters.
I'd say we are all in the same boat when it comes to needed infrastructure.