Spending money to repair our nation’s infrastructure is a wise investment. It will create jobs, stimulate the economy and fix the roads, bridges, pipelines, railways, ports and aviation systems that are falling apart.
Resources
2013 Report Card for America’s Infrastructure
The American Society of Civil Engineers gives America's infrastructure a D+ grade.
The Takeaways
Infrastructure investment is an essential economic priority, but rates of public investment in infrastructure have dropped off dramatically compared to the 1950s and 1960s.
Roughly 18,000 new jobs would be created for every $1 billion in new infrastructure spending. At least 2.6 million new jobs could be created with $148 billion per year in infrastructure investment.
The increase in domestic job creation within the manufacturing sector resulting from maximizing domestic supply purchases would represent a 33 percent increase in manufacturing job creation.