Why the Infrastructure Bank is Right On

Columnist Neal Peirce throws his weight behind the Obama Infrastructure Bank proposal.

"While the world races down the infrastructure expansion track, we're constantly shortchanging decaying bridges, aging interstates, antiquated water systems, or high speed rail serious enough to one day rival Europe, Japan or China.

A serious infrastructure bank could start weaning us away from congressional pork-barrel spending and our 'silo' pattern ideas of funding infrastructure - roads and transit, airports, waterways and railways, in separate 'buckets.'"

Peirce highlights that the infrastructure bank proposal would be able to span borders, both city and state, which would enable the sort of vast regional infrastructure projects that emerging megacities and megaregions require.

Full Story: Infrastructure Bank Proposal: Ignore At Our Peril

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $14.95 a month
City Plate table setting

New Arrival! City Plates

City downtown cores printed on gorgeous decorative collectible porcelain plates.
$50.00
poster

A Short History of America

From comic book artist Robert Crumb, poster shows how the built environment has changed throughout the decades.
$14.95