Similar to how the Interstates reshaped America 50 years ago, the Chinese landscape is now being reshaped by historic levels of infrastructure spending. While the U.S. government seeks to revive it’s struggling economy in part by spending billions on shovel-ready, band-aid projects (i.e. re-surfacing roads), it seems Beijing’s goal is to put 26 million Chinese to work building new high-speed rail connections between its cities.
Posts Tagged ‘economy’...
Tags: American Recovery and Reinvestment Act, ARRA, Beijing, Caldecott Tunnel, California, China, Clearwater, economic stimulus, economy, federal stimulus money, Florida, high speed rail, highway, I-215, I-405, infrastructure, Los Angeles, rail, railroad, Ray LaHood, recession, San Bernardino, San Francisco, Shanghai, transportation, Transportation Secretary, U.S., U.S. Department of Transportation (USDOT), US19/SR 55
Posted in Train/Railroad Stuff, Transit + Infrastructure, Video | 2 Comments »
Today was an historic day for America in many ways. Whether you voted for President Obama or not, most Americans agree on one thing — our infrastructure could use a few upgrades. During his campaign, Obama expressed that one of his priorities would be to rebuild America’s aging schools, roads, and power grid. Today, in his first address as President, he restated this intention.
Tags: bridges, economic stimulus, economy, government spending, green energy, highspeed rail, highway, hydrogen fuel, I-490, infrastructure, light-rail, President Obama, Presidential inauguration, rebuilding America, recovery, roads, train, transportation, utilities
Posted in Opinion, Urban Development | 1 Comment »