Infrastructurist: Old Political Foes Come Together Over Infrastructure
When two political giants who have spent their careers trashing each other and disagreeing on pretty much every issue imaginable start harmonizing lovingly about policy solutions, it’s time to pay attention. In this case, the songbirds were Newt Gingrich and Dick Gephardt. Both are out of office now (though Newt is still thinking about a presidential run in 2012), but for much of the 90s, they led their respective parties in the House of Representatives. What they agree about is infrastructure investment.
At a panel discussion organized by Building America’s Future before the holidays (we don’t always keep to blogtime here at the Infrastructurist), Gingrich outlined an 8-point plan for totally overhauling how the country accounts for and spends money on public works. Gephardt, a classic pro-union Democratic, listened to the presentation and declared–with no small note of surprise–that he agreed “100 percent” with the arch conservative Gingrich’s plan, speaking with such glowing enthusiasm that it seemed like he might lean over and give the snowy-haired right-wing icon a big kiss.
Repairing existing roads and bridges creates 9% more jobs per dollar than building from scratch.