Infrastructure is key to increasing real productivity (see americansystemnow.Com), as FDR did, and it must be funded by credit, not yearly budget allocations. A capital budget is also a good idea, as is now being pushed by Ed Rendell of Building America's Future. See my blog for a concrete proposal.
A modern infrastructure is key to a productive economy. We need trillions to be spent upgrading transport, water, and energy systems. The best means is a Hamiltonian credit bank, backed by government bonds. You can read about how this can be done at americansystemnow.Com. Congress must act on this now.
1: It’s a high priority
According to the poll Is spending money on infrastructures a top priority for Americans, 69% of respondents said that fixing infrastructure should be a high priority. So, where does the US fall in infrastructure? The World Economic Forum published a ranking and the USA ranks #19 overall, and that’s generous. The overall rank was brought up by the available airline seats per week. Infrastructure is the physical and organizational structures needed for the operation of any society or enterprise. When we pass this resolution our people will be safer because of updated bridges, roads, improved healthcare, and so forth. We will be a stronger country.
Our country will highly benefit from better infrastructure. As the resolution states, our country’s infrastructure is in massive disrepair. Just about everyone agrees that it is critical for the country to improve its transportation infrastructure. Doing so will create jobs in the short-term and, more important, help strengthen the economy thus allowing workers to contribute to their jobs and businesses to provide goods across the country.
In terms of safety, when you look at railways and other structures, are our products really safe? Freight trains carrying our needs like livestock and other food products, have to be able to travel safely to where they’re going. For example, the Frito-Lay corporation needs 20,000 tons of corn delivered from the Nebraska plant to their Columbus, Ohio plant to make corn chips. Which is more economical, 15 separate tractor trailers with 15 different drivers and 15 tanks of diesel fuel? Or one freight train?
Cargo traveling in freight trains on faulty tracks, or even riding on a train with faulty tracks, is dangerous. When a train derails because of faulty railways, it raises questions about the safety of millions of dollars of cargo. Where are America's risky railways? Are interstate railways being properly checked and updated? The only way to make America’s infrastructure safer is to pass this resolution.
If someone were riding on a train knowing at any moment it could derail, sending them to their death they wouldn’t ride trains nor would anyone else. A building in Harlem blew up because of a gas leak, killing at least 8 people and injuring at least 70 others. A bridge collapse in Minneapolis killed 13 and injured 135. New Orleans’ levees needed to be fixed but weren’t, and more than 1,800 people died as the outcome. These are just a few examples of the harm done because we are not maintaining our country’s infrastructure. The problem of our collapsing infrastructure is not just costing us jobs and economic growth, it is killing people.
It is my opinion that there should be more government spending on infrastructure. The status of the country's infrastructure has been declining steadily over the last decade, and the government should provide more funding to fix the areas in the country that require the most immediate attention. This would make conditions safer throughout the nation.
The government needs to spend more on infrastructure and it needs to do it fast. Bridges are falling down, and roads are crumbling. The government needs to view such efforts as investments rather than as expenses. Spending on infrastructure could also be a way of employing people. Investing in infrastructure is a win-win situation.
Yes, I do believe that there should be more government spending on infrastructure. In many places the government has been neglecting the roads and bridges and they have gone into disrepair or are inadequate for today's needs. Our power grids and telecommunications could use some work as well. We haven't put a lot of money and effort into the infrastructure of the country since Eisenhower and it's about time that we do so.
I believe that the infrastructure present in the society is enough to make it prosper. Government should not increase their expenditures in infrastructure. There are a lot of things that they should prioritize instead. I think it would be better if their spending would directly compensate the needs of the people. After all, we are the tax payer. Building infrastructures will not make most if not all of us benefit. I am thinking that the government should come up with different ways wherein they would be spending more the revenues from the tax they've collected and that the needs of the people would be more directly compensated.
I believe infrastructure can be very important to this country but I can not justify spending more money in this area at this time. Infrastructure should be the last thing on our mind at this point. We need to focus on the problems in this country especially those that interfere with the economy and the society directly.