kevinschmidt wrote:

kevinschmidt wrote:
U.S. leaders say more infrastructure spending neededThe governor of America's largest state and the mayor of its largest city called on the federal government on Sunday to dramatically boost its spending on bridges, sewers, high-speed rail and other infrastructure.California Gov. Arnold Schwarzenegger and New York Mayor Michael Bloomberg, along with Pennsylvania Gov. Ed Rendell, said on NBC's "Meet the Press" the United States needs to spend up to $1.6 trillion to make up for decades of neglect and stay globally competitive."In order for the economy to thrive and live up to 100 percent of its potential, you need to move people and goods around very quickly, and so if that falls behind then the economy falls behind," said Schwarzenegger, a Republican.the three leaders said taxpayers would support additional infrastructure spending because it delivers tangible benefits. Breached levees in Iowa and New Orleans and the 2007 Minneapolis highway bridge collapse vividly illustrate the perils of allowing infrastructure to crumble, they said.http://www.reuters.com/article/domesticNews/idUSTRE52L0TD20090322Yes, massive fiscal spending on infrastructure is the key.