Infrastructure Is Viable Quick Fix, Academics Tell Bush Administration
Engineering and business scholars urged Bush administration officials to take a page from FDR’s New Deal and invest in infrastructure.
Ninety transportation projects in eight states are ready to go and could generate up to $20 billion in economic activity, according to a letter from 11 professors to Federal Reserve Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson. The letter was sent Oct. 24.