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Home » U.S. Infrastructure Bank Would Be Huge Job Generator, Bill Clinton Says

U.S. Infrastructure Bank Would Be Huge Job Generator, Bill Clinton Says

June 21, 2013
Business Week

"We clearly need to modernize our infrastructure, including better roads and bridges, smarter electrical grids, upgraded water, sanitation, and mass transit systems, clean energy and more energy-efficient buildings, and globally competitive broadband," he said.

"This is also a huge economic opportunity to create jobs, attract private investment, and increase long-term economic growth and productivity. The American Society of Civil Engineers estimates that the U.S. needs $3.6 trillion in infrastructure investment by 2020.

"The most promising opportunity for bipartisan cooperation is a national infrastructure bank, which would be seeded with a modest amount of public money, then mostly funded by private investment with an attractive and secure rate of return. Originally, this proposal had bipartisan support. If Republicans in Washington are no longer willing to back the bank, then state and city officials should establish their own."

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KEYWORDS Business Week Global Supply Chain Management Logistics Logistics Outsourcing LTL/Truckload Services North America Regulation & Compliance Supply Chain Analysis & Consulting Supply Chain Management supply chain management: the united states Transportation & Distribution transportation grid transportation infrastructure U.S. infrastructure improvement U.S. transportation network
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