During tough economic times, one of the toughest jobs to hold is as a construction worker. In almost any city or town in America, you're likely to see buildings, projects, or roads left half-done after investments made by private enterprise or state and local governments based on expectations of a brighter economic future dried up.
Meanwhile, there is a near-universal consensus that America's infrastructure is both falling apart and lagging behind as our competitors move forward on the next generation of transportation. That's part of why a new report from the Council of Economic Advisers and the Treasury Department (pdf) encourages a bold new plan to invest, finding that infrastructure projects have a high bang for the buck because construction costs are low due to underutilized resources, and that these investments would create jobs in sectors of the economy suffering from some of the highest levels of unemployment. The Recovery Act already created hundreds of thousands of jobs this way, but there is more than enough left to do.
President Barack Obama holds a meeting with Cabinet secretaries, former secretaries of Transportation and mayors and governors on infrastructure investment in the State Dining Room of the White House,
After meeting with some of his Cabinet secretaries, along with a bipartisan group of former secretaries of Transportation, mayors and governors who have come together in support of infrastructure investment, the President spoke both on the depth of the problem and value of the solution.
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Sherrod Brown Susan Collins Ted Kaufman Ted Kennedy Thad Cochran
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