Infrastructure in the News: September 8, 2011
Wall Street Journal: CEOs Call for Less Regulation, Better Infrastructure
Chief executives of some of the world's largest companies would support a U.S. effort to update aging infrastructure, financed in part by private money, as a way to create jobs and make U.S. business more competitive.
CNN: Infrastructure Bank: Fixing how we fix roads
The I-Bank, or infrastructure bank, has support of both Democrats, Republicans and big business. Legislation has been co-sponsored in the Senate by Democrat John Kerry of Massachusetts and Republican Kay Bailey Hutchinson of Texas.
Forbes: Obama's Jobs Agenda: An Infrastructure Bank that Robs You
For a moment, I’d forgotten just what a bank is and is not. Seems I’m not alone, with an American president expected by some to propose a national “infrastructure bank” at his Thursday address to Congress on jobs. “We’ve got the potential to create an infrastructure bank that could put construction workers to work right now, rebuilding our roads and our bridges and our vital infrastructure all across the country,” President Obama recently said.
Orlando Sentinel: Economists: Government should make infrastructure spending push
With the President preparing for his speech to Congress, I wondered what sort of proposals he might outline if he could deliver the speech in a politics-free vacuum. So I asked three economists what they think the economy could use most right now. Does it need additional stimulus or should the priority be on reducing government spending in order to rein in the debt?
“Investing money in our roads and bridges today saves money in the long run. It also builds the foundation for our 21st century economy.”