POLICY MATTERS OHIO
America once led the world in production of rail cars, buses and other forms of transportation capital stock. As national attention shifted to highways and air transit in the second half of the twentieth century, investment in rail and public transit dwindled. New interest sparked by climate change and the dangers of dependency on fossil fuel and foreign oil have brought attention to pent-up demand and investment needs in this sector. National investments to repair existing stock and implement plans already in the works would provide sufficient demand to start rebuilding the public transit manufacturing sector…
RSS Feed