Title: Sourc
1Real Investment in America Looking Back, Looking
Ahead
By Eric Lotke Campaign for Americas
Future November 18, 2008
2Source http//www.flickr.com/photos/byjerry/26752
97104/in/set-72157606204610080/
3Source http//www.flickr.com/photos/28817993_at_N00/
38963405/
4Source http//www.flickr.com/photos/68076636_at_N00/
842866223/
5Going Nowhere Fast
- City drivers spend over 4 billion hours stuck in
traffic every year, enough time for every member
of the workforce to take a week of vacation. - They burn 3 billion gallons of gas going nowhere
roughly 58 supertankers and 100 per car. - 43,000 people die in car accidents every year.
Another 2.6 million people are injured nearly 1
per second.
Sources The 2007 Urban Mobility Report. Texas
Transportation Institute and The Texas AM
University System. Crashes vs. Congestion
Whats the Cost to Society? American Automobile
Association. Oberstar, DeFazio McCain Gas Tax
Proposal Will Cost Much, Do Little. House of
Representatives Committee on Transportation and
Infrastructure.
6Structural Problems
- 1 out of 4 bridges in the United States is
structurally deficient or functionally
obsolete. - Over 1/4 of the dams overseen by the Corps of
Engineers have exceeded the lifespan for which
they were designed and need major repairs to
ensure their safety.
Sources Deficient Bridges by State and Highway
System. Federal Highway Administration. Risk
Analysis for Dam Safety. United States Army
Engineer Research and Development Center.
7Stop complaining! Start building.
- Every 1 billion invested in transportation
creates 20,000 new jobs. - Every 1 invested in public transport generates
an average of 6 in economic returns.
Sources The U.S. Employment Effects on
Military and Domestic Spending Priorities.
Institute for Policy Studies. The World
Economy Is MovingCan America Keep Up? American
Public Transportation Association.
8New Energy for America
- The Apollo Plan
- 500 billion over
- 10 years
- 5 million high wage,
- clean energy jobs
Source http//www.flickr.com/photos/7365168_at_N03/4
70038989/
9Perry Preschool
- Every dollar invested yields 7.16 in economic
returns. Participants are - 1/2 as likely to need public assistance
- 1/5 as likely to commit crimes
- 3 times more likely to be homeowners
- 4 times more likely to have (taxable!) monthly
earnings above 2,000
10Invest in Students by Investing in Teachers
11Stimulus and Beyond
- Long term problems
- Long term solutions
- Long term financing
- Not pay as you go