PaintSquare.com


The First Word in Protective & Marine Coatings

A Product of Technology Publishing / PaintSquare
JPCL | PaintSquare News | Durability + Design | Paint BidTracker

Paint and Coatings Industry News

Main News Page


Obama Renews Call for Infrastructure Program

Tuesday, October 12, 2010

Comment | More

President Obama has renewed his push for a six-year “fundamental overhaul” of the nation’s crumbling bridges, roads, rails and other infrastructure—a vast mission that could potentially put hundreds of thousands of America back to work.

“For years, we have deferred tough decisions, and today, our aging system of highways and byways, air routes and rail lines hinder our economic growth,” Obama said in an address from the White House Rose Garden, echoing remarks he first made on Labor Day.

“Today, the average American household is forced to spend more on transportation each year than food,” Obama said. Clogged roads and airports cost $90 billion in lost productivity and wasted fuel, he added.

“And in some cases, our crumbling infrastructure costs American lives,” the president said. “It should not take another collapsing bridge or failing levee to shock us into action.”

Program Funding

The president did not put a cost on his plan, but the initial investment has been estimated at $50 billion. Obama also maintained, as he has repeatedly, that the plan would be deficit neutral, funded by “an infrastructure bank to leverage federal dollars and focus on the smartest investments.”  Additional funds, he said, would come from “consolidating and collapsing” more than 100 programs.

The return, Obama said, would not only repair and modernize roads, bridges and more, but would also provide desperately needed jobs—music to the ears of the U.S. construction industry, which has been hemorrhaging jobs since the recession began.

Unemployment in the construction industry is currently 17 percent; the national unemployment rate is 9.6 percent.

Growth and Modernization

Obama he said his six-year initiative would rebuild 150,000 miles of roads; lay and maintain 4,000 miles of railway and 150 miles of runways; and take the air-traffic control system into the next generation.

He said the program would build on progress made under the Recovery Act, creating smart  electric grids and infrastructure that the 21st-century global economy demanded.

Beyond U.S. borders, Obama said the current system was quickly eroding the nation’s competitive edge against countries like China, which expects to build “hundreds of thousands of miles of new roads, dozens of new airports, and up to 170 mass transit systems” within 20 years.

“Today, as a percentage of GDP, we invest less than half of what Russia does in their infrastructure, less than one-third of what Western Europe does,” Obama said.

“Everywhere else, they’re thinking big.  They’re creating jobs today, but they’re also playing to win tomorrow. So the bottom line is our shortsightedness has come due. We can no longer afford to sit still.”

Bipartisan Appeal

In this bitterly partisan campaign season, Obama urged bipartisan support for the program and emphasized the point by speaking alongside former Secretaries of Transportation Samuel Skinner, who served under President George H.W. Bush, and Norman Mineta, who served under Presidents George W. Bush and Bill Clinton.

Infrastructure investments are “something that members of both political parties have always supported,” he said.  “It’s something that groups ranging from the Chamber of Commerce to the AFL-CIO support today.”

He noted that Americans benefited today because previous generations built their systems for the future.

“They invested yesterday for what we have today,” he said.  “That’s how we built canals, and railroads, and highways, and ports that allowed our economy to grow by leaps and bounds.”

He added: “This is work that needs to be done. All we need is the political will."

House Republican leader John Boehner (OH) has called the infrastructure proposal “more of the same failed ‘stimulus’ spending.” He added: “If we’ve learned anything from the past 18 months, it’s that we can’t spend our way to prosperity.”

Read the full text of the speech.

   

Tagged categories: Bridges; Construction; Government; Roads/Highways

Comment from Chuck pease, (10/14/2010, 11:47 AM)

Bravo, bravo! About time and long overlooked.


Comment Join the Conversation:

Sign in to our community to add your comments.

Abrasives Inc.
See the difference immediately Black Magic®

Quality blast abrasive goes farther. Use Black Magic® The Tough Stuff coal slag. Cleaner, consistent, less dust. Order yours today!
Abrasives Inc. 800-584-7524


Minerals Research & Recovery
PREMIUM SLAG ABRASIVES

Visit mrrinc.com Companies specializing
in abandonment and decommissioning projects have discovered that Sharpshot® 20X50 copper slag is an ideal product for subsea waterjet cutting.
Call Steve: 520-297-4626


Simpson Strong-Tie
Repair, Protect & Strengthen

Need a coating? Turn to Fox. We have solutions to repair, protect and strengthen concrete, steel and wood substrates. Call 888-760-0369 or email info@foxind.com


CS Unitec
Work Cleaner and Safer

CS Unitec’s Vibro-Lo™ low-vibration scalers offer high performance for greater productivity & improved operator comfort. Optional dust shroud. info@csunitec.com


Midsun Specialty Products
Stopaq Corrosion Protection Services by MSP

Stopaq coatings are impenetrable to water, oxygen and bacteria. Save labor costs with simple surface prep and a 30 year guarantee.
Visit: midsunsp.com/stopaq or Call 888-866-8273


U.S. Zinc

The proven corrosion protection properties of our zinc dust prolong the life of marine coatings. U.S. Zinc – Helping the world work™


Termarust Technologies
Termarust (HR CSA) Chemically Stops
Active Corrosion

Pipeline Utility Aerial crossings coated since 1992. Termarust's (HR CSA) was used to overcoat lead paint and preserve cables, pipes and support towers.

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker JPCL Europe

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2014, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com