When the Federal Reserve changes its policy it can fundamentally alter business confidence. But for most people, their choices often seem abstract with limited tangible benefits. While the political debate often focuses on decisions made in Congress and the White House, behind the scenes the Federal Reserve has had the largest hand in shaping the US economy for several generations - with its effects only now beginning to show.

“America’s Infrastructure is Crumbling” has been the title of dozens of articles and reports documenting the slow deterioration of America’s vast network of roads, pipelines, railways, and airports.