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Posts Tagged ‘Trump Administration’

Making America’s infrastructure great again will take lots of time and money

Wednesday, February 22nd, 2017

In the months leading up to the presidential election, Donald Trump announced that, if elected, he would incentivize $1 trillion into the nation’s ailing infrastructure. Citizens, taxpayers, public officials and contractors have been waiting to see if that would really happen or not. President Trump recently announced that he had selected private-sector P3 expert David James “DJ” Gribbin to serve as his special assistant for infrastructure. It was a big announcement and one that caused people to ask…will it really happen? Maybe so!

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Practicality of Private Sector Funded Infrastructure

Monday, February 6th, 2017
Figure 1: Urban Share of Total Vehicle and Total Lane Miles (1980-2014)

Modernizing America’s infrastructure is a key plank in the next Administration’s economic platform, and transportation infrastructure should be central to this effort. The case can be made that American roadways are inadequate, even as there are more vehicles on the road than ever. The consequence is congested roads and poor road quality. However, President Trump’s plan relies heavily on private sector finance; specifically leveraging less than $200 billion in federal funds for $800 billion in private funds. (Then-candidate Hillary Clinton similarly proposed establishing an infrastructure bank involving the private sector.) Is it feasible to modernize the surface transportation network without greater taxpayer involvement?

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Millions of jobs are in infrastructure repair, but will we create them?

Thursday, February 2nd, 2017
Construction Worker

Now, our infrastructure needs another upgrade, and an entire sector of workers who haven’t recovered from the recession need jobs. Infrastructure repair can create those jobs. It has happened before, but will it happen again? And when the dust has settled, will America be satisfied with the results?

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Robert Reich: Trump’s Infrastructure Scam

Thursday, January 26th, 2017
Robert Reich: Trump’s Infrastructure Scam

Robert Reich explains why Trump’s infrastructure plan is really a scam meant to benefit the wealthy and corporations.

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Trump’s Infrastructure Proposal Could Create 11 Million Jobs

Wednesday, January 18th, 2017
FIGURE 1: A $1 trillion investment in infrastructure spending would create as many as 11 million jobs through 2027. This stimulus will restore the growth path of job creation that was derailed by the Great Recession.

President-elect Trump has proposed to spend up to $1 trillion over the next 10 years on America’s infrastructure, including transportation, energy, telecommunications, and border security…The significant spending increase envisioned in President-elect Trump’s proposal raises concerns about inflation and interest rate hikes but would also create millions of new jobs. If enacted, the infrastructure program could put the United States back on a pre-recession job growth path and create more than 11 million jobs.

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Building America: InfrastructureUSA Managing Director Steve Anderson on NY1

Friday, November 25th, 2016
Steve Anderson and Errol Louis on "Inside City Hall"

According to Anderson, “It’s going to have to pass the smell test. Are these fair deals? Are these deals that really serve the public interest, or are these deals that in fact enrich corporations and corporate interests?” He says that with a sensible approach that uses not just Trump’s corporate incentives, but also tools like an infrastructure bank, we can expect tremendous returns for the private sector as well as the public at large.

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