With more than 67 percent of the Nation's freight moving on highways, economists believe that our ability to compete internationally is tied to the quality of our infrastructure.
Sentiment: POSITIVE
All of our competitors around the world, every country is investing more in infrastructure as a percentage of their GDP than we are. And down the road our children and grandchildren will have to compete with that more and more.
You and I come by road or rail, but economists travel on infrastructure.
The growth of means of transport has created a world market and an opportunity for division of labor embracing all the developed and most of the undeveloped states.
If we expect to continue our leadership in the global economy, we must invest in a long-term transportation plan -f or both highways and transit programs. Too many of our roads, bridges, and railways have fallen into disrepair.
Freight mobility and movement, while not a sexy policy issue, is a highly important one. Capacity constraints and congestion on our nation's freight rail system create many problems.
Our marine terminals are invaluable commerce infrastructure, not only to our country but also for the many foreign manufacturers who sell primarily in the U.S. market.
The reality about transportation is that it's future-oriented. If we're planning for what we have, we're behind the curve.
New highways, ports, and runways appear economically foolish if we don't understand the economic growth that flows from such investments.
I know well the opportunities and the challenges of maintaining and improving infrastructure and providing good transportation choices.
We know businesses can't compete without reliable infrastructure.
No opposing quotes found.