Economist urges infrastructure improvements

In the midst of the current economic crisis, Ed Sullivan, chief economist for the Illinois-based Portland Cement Association, believes that the government should focus on an economic stimulus bill that many believe should contain significant dollars for infrastructure improvements that will create jobs at local and state levels.

Sullivan says if the government does not act quickly the nation could lose 2 million jobs in 2009.

“We need a government stimulus package that creates jobs throughout the nation,” Sullivan said. “Infrastructure funding could create jobs on both an immediate and long-term basis. For every 10 construction jobs created by a project, the community gains 17 additional jobs that stay in the region even after a project’s completion.”

“If we used concrete instead of asphalt for all new roads built between now and 2015, state governments could save over $100 billion during the life of the roads.  Concrete roads require minimal maintenance and can last nearly three times longer than a similar roads paved with asphalt,” Sullivan said. “This means more money for local economies that can go to schools, police and other public services,” he said.

Related Posts:

  • No Related Posts