Main Street, not Wall Street, should fix crumbling US infrastructure
Public pension funds could help pave the way.
by Kathleen Sebelius and Andy Stern, Christian Science Monitor
TOPEKA, KAN, AND WASHINGTON, May 7, 2008 — At its best, America's infrastructure has powered our economic prosperity, created well-paying jobs, and served the public interest.
Today, however, it has fallen into a dangerous state of disrepair. The Minnesota bridge collapse last summer brought home the urgency of repairing and modernizing our nation's system of highways, bridges, tunnels, power plants, transmission lines, and airports.
But doing so will be prohibitively expensive. Current plans seek to exploit the nation's need for private profit. But there's a better source of capital at hand: public pension funds. . .
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Main Street, not Wall Street, should fix crumbling US infrastructure, by Kathleen Sebelius and Andy Stern, Christian Science Monitor, May 7, 2008
Posted: May 15, 2008
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