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Support for infrastructure development generates economic growth

By Chris Champion posted 21-11-2016 10:26

  

Renewing America’s ageing transport infrastructure was a key part of Donald Trump’s agenda to create jobs and growth and to “make America great again”. 

On polling day, the merits of this were recognised by voters. Numerous states voted to create new revenue streams specifically earmarked to fund transport projects. Illinois and New Jersey became the 31st and 32nd states to vote to dedicate their fuel tax revenue exclusively to transport projects. Other states voted for increased transport-related bond issues, many focused on mass transit projects.

As all of us who have experienced America’s rundown airports, agonisingly slow trains and poorly maintained highways over rusting bridges know, the US has a lot of catching up to do when it comes to public infrastructure. American infrastructure is decidedly Second World compared with that of China, Southeast Asia, Japan and even Europe.

Find out more. 

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