08 Apr '11, 7pm

Wisconsin @RepPaulRyan's transportation budget misses the bus on job creation

I’m not sure who Paul Ryan expects to be marching down his “Path to Prosperity.” He’s cutting the corporate tax rate, an investment which will earn America about 3 pennies on the dollar ; yet he’s slashing the transportation budget by more than 30 percent, despite the fact that infrastructure investments can create $1.57 for every dollar spent and put people who need to work back on the job. I’ve already mentioned how dangerous it is to ignore our crumbling transportation infrastructure . It’s equally irresponsible to ignore the tremendous potential of infrastructure investment to create jobs. Fixing roads and bridge and adding bus and rail capacity creates a demand for labor and supplies across a number of industries. You need raw materials like gravel and asphalt; workers to run the machinery; engineers and surveyors. Building hybrid buses and electric trains requires sk...

Full article: http://switchboard.nrdc.org/blogs/dlovaas/ryan_budget_mis...

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