The AI build-out is making history, dwarfing the spending for U.S. canals, railways, and grid combined. It’s creating jobs and wealth while boosting inflation and crowding out housing.
Data-center spending is greater than that for canals, railroads, and grid combined—creating jobs and stock-market wealth, while boosting inflation and crowding out housing. 2026-09-24 01:00:00 Justin Lahart
