President-elect Barack Obama annouced Saturday that he had begun work on a bold, two-year economic stimulus plan designed to create 2.5 million jobs by investing in public works programs to repair the country’s failing infrastructure, its failing schools and in alternative energy programs.
“We’ll be working out the details in the weeks ahead, but it will be a two-year, nationwide effort to jumpstart job creation in America and lay the foundation for a strong and growing economy," he said. "We’ll put people back to work rebuilding our crumbling roads and bridges, modernizing schools that are failing our children, and building wind farms and solar panels, fuel-efficient cars and the alternative energy technologies that can free us from our dependence on foreign oil and keep our economy competitive in the years ahead.”
Showing posts with label investment. Show all posts
Showing posts with label investment. Show all posts
Saturday, November 22, 2008
Sunday, June 29, 2008
Milwaukee needs catalytic public infrastructure investment
UWM professor Marc Levine's Crossroad's article challenges the strategic timidity of Milwaukee's political and business elites. He writes:
The dismal failure of Milwaukee’s civic leaders to bring the region’s public transit infrastructure up to 21st-century standards is more than just another run-of-the-mill breakdown in leadership.
It is a public policy debacle that threatens the very economic viability of this city and region — and it comes at a time when we already are struggling with stagnant growth, spreading poverty and shockingly high rates of joblessness in the inner city.
Skyrocketing gas prices and awareness of climate change are reshaping the way Americans live, work and play. Mass transit ridership is surging in cities with rail transit systems, as commuters seek alternatives to $4.50-a-gallon gasoline. Suburban and exurban communities, whose growth was predicated on cars and cheap gas, are facing bursting housing bubbles and an uncertain future.
In this new era, the economic winners will be cities and regions that have invested in state-of-the-art mass transit. Unfortunately, few metropolitan areas are less prepared for these changes than Milwaukee.
This article should be required reading at the next M7 meeting!
It is linked.
The dismal failure of Milwaukee’s civic leaders to bring the region’s public transit infrastructure up to 21st-century standards is more than just another run-of-the-mill breakdown in leadership.
It is a public policy debacle that threatens the very economic viability of this city and region — and it comes at a time when we already are struggling with stagnant growth, spreading poverty and shockingly high rates of joblessness in the inner city.
Skyrocketing gas prices and awareness of climate change are reshaping the way Americans live, work and play. Mass transit ridership is surging in cities with rail transit systems, as commuters seek alternatives to $4.50-a-gallon gasoline. Suburban and exurban communities, whose growth was predicated on cars and cheap gas, are facing bursting housing bubbles and an uncertain future.
In this new era, the economic winners will be cities and regions that have invested in state-of-the-art mass transit. Unfortunately, few metropolitan areas are less prepared for these changes than Milwaukee.
This article should be required reading at the next M7 meeting!
It is linked.
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