David M. Garrity, a technology and finance analyst with capital markets experience, notes that Trump’s plan ignores how the federal government and US states have historically funded large public works projects. He says such infrastructure projects are typically 80 percent federally funded and 20 percent state funded versus a 10 percent federal, 90 percent funding mix
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David Garrity, a technology and finance analyst with capital markets experience, sees other weaknesses in Trump’s infrastructure financing plans. He says the president’s call for public-private partnerships still faces a fierce debate in Congress over the exact share of federal and private funds to be used. Garrity notes that fiscal conservatives like House Speaker Paul
David Garrity, a Wall Street technology and financial analyst, notes the many strides the US has made in autonomous vehicles, but he warns that other factors may impede development. “Whether the US is sufficiently well-coordinated from a government-led planning standpoint to effectively integrate these technologies is another question altogether,” said Garrity, the CEO of New
In the days following the U.S. election, social-media companies such as Facebook are facing accusations it spread fake news and other misinformation which influenced the electoral results. David Garrity joins BNN to discuss this “global problem.”
