Yet another call for much-needed infrastructure repairs
Peter Orszag, the former Director of the Office of Management and Budget under President Barack Obama, has penned an op-ed at Bloomberg News urging repairs to America's aging roads and bridges.
Orszag says the nation's "Roads, bridges and other infrastructure in the U.S. are steadily growing older and weaker...this is an ideal moment to invest in fixing them."
Why the worry? Orszag cites the situation in New York State:
...about 10 percent of the roughly 22,000 bridges were built before 1930. More than 10 percent of these old bridges have a superstructure rating of poor or worse, compared with less than 5 percent of the bridges built during the past four decades.
Orszag's view echoes a recent White House effort, "The President’s Plan to Make America a Magnet for Jobs by Investing in Infrastructure," that touts the importance of rebuilding America's major bridges and roads.
The Alliance for American Manufacturing (AAM) has made the same case, explaining that the country needs some urgent repair work. And a good way to get going on a big fix-it project would be to create a national infrastructure bank and enact a robust infrastructure program.
The White House seems to agree:
Investing in infrastructure not only makes our roads, bridges, and ports safer and allows our businesses and workers to be as competitive as they need to be in the global economy, it also creates thousands of good American jobs that cannot be outsourced...The President continues to call for the creation of a bipartisan National Infrastructure Bank.
One point, though: If the president wants to ensure that this infrastructure investment creates thousands of U.S. manufacturing jobs, he needs to push for strong Buy America preferences in any package.
In 2009, AAM commissioned a study that found manufacturing employment gains from an infrastructure program could be improved significantly if the percentage of U.S.-made material inputs were increased. Utilizing 100 percent domestically produced inputs for infrastructure projects would yield a 33 percent jump in total manufacturing jobs generated.
Related recent Blogs
- Kickstarting a manufacturing renaissance • by TGarland • 12/06/2013
- U.S. Manufacturing Gains 27,000 Jobs in November: Alliance for American Manufacturing (AAM) Statement. • by scapozzola • 12/06/2013
- Indiana manufacturing program expands • by TGarland • 12/05/2013
- Scott Paul: Keep skilled jobs for skilled workers in Washington • by mmcmullan • 12/05/2013
- A bad time to sideline trade talks • by mmcmullan • 12/04/2013
- Infrastructure investment means job creation • by TGarland • 12/04/2013
- China trade deficit on pace for new record, but will anyone notice? Alliance for American Manufacturing (AAM) Statement. • by scapozzola • 12/04/2013
- What to do with abandoned factories? Bring in the artists! • by LDonia • 12/03/2013
- Surprise, surprise? Americans still say job creation should be top priority • by mmcmullan • 12/03/2013
- Fmr. Transportaion Secretary Ray LaHood urges infrastructure investment • by TGarland • 12/02/2013