The White House asked and job seekers answered! We were so pleased with the responses we received on job growth and recovery efforts, and have provided the White House with the questions that were “liked” the most by our Facebook community and sparked the most engaging conversation. Austan Goolsbee, Chair of the Council of Economic […]
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Ask The White House: Question 1 (Infrastructure Spending)
Wednesday, December 1st, 2010AN ECONOMIC ANALYSIS OF INFRASTRUCTURE INVESTMENT
Wednesday, October 13th, 2010
U.S. DEPARTMENT OF TREASURY & COUNCIL OF ECONOMIC ADVISORS
On Labor Day, President Obama announced a bold plan to renew and expand America’s infrastructure. The plan includes a $50 billion up-front investment connected to a six-year reauthorization of the surface transportation program and the creation of a National Infrastructure Bank to leverage private capital and select projects of regional and national significance. The Department of the Treasury, with the Council of Economic Advisers, has conducted an analysis of the economic effects of transportation infrastructure investment. Our analysis found four key reasons why now is an optimal time to increase our investment in transportation infrastructure…
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