U.S. Infrastructure Needs More Than Stimulus Bump

The recession has been a boon for stimulus-funded infrastructure projects. But despite the work, it's not the full revamp the nation's infrastructure system needs, according to Jonathan D. Miller in this piece from <em>Citiwire</em>.
April 26, 2009, 1pm PDT | Nate Berg
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"And it's clear–throwing stimulus money at ad hoc projects, generating jobs in a serious recession, can add value, especially when the funds are targeted at refurbishing aging systems which otherwise might break down or even collapse."

"But let's not pretend this short-term, ad hoc spending remotely addresses America's infrastructure needs. The United States desperately requires a forward-looking plan for 21st century infrastructure that can support and sustain renewed economic growth and accommodate 100 million more Americans over the next 40 years."

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Published on Friday, April 24, 2009 in Citiwire
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