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 ‘recession’...
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 »