The Case for an Infrastructure-Led Jobs and Growth Strategy

Source: Daniel Mandel, New America Policy Papers, February 23, 2010

As the Senate takes up a greatly scaled down $15 billion jobs bill stripped of all infrastructure spending, the nation should consider the compelling case for public infrastructure investment offered by Governors Arnold Schwarzenegger (R-CA) and Ed Rendell (D-PA). Appearing on ABC’s “This Week” on Sunday, the bipartisan Co-Chairs of Building America’s Future explained why rebuilding America’s infrastructure is the key to both job creation in the short and medium term and our prosperity in the longer term.

Rather than go from one negligible jobs bill to the next, the administration and Congress should, as the governors suggest, map out a multi-year plan of infrastructure investment and make it the centerpiece of an ongoing economic recovery program.

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