8/9/10 – Obama’s Plans to Boost US Economy through Construction Projects Well Received
8 September 2010
President Obama’s plans to boost the US economy with infrastructure projects to generate jobs has been widely approved by a number of bodies representing industry and transportation sectors.
"We are highly supportive of President Obama’s proposal to immediately invest $50 billion to rebuild roads, expand high speed rail, and rehabilitate airport runways," said John Horsley, executive director of the American Association of State Highway and Transportation Officials, AASHTO. "We have demonstrated that investing in transportation infrastructure is one of the fastest ways to create and sustain jobs. An AASHTO January 2010 survey of states showed 9,800 ready-to-go projects valued at nearly $80 billion. If Congress wants to pass legislation investing in our transportation infrastructure, the states stand ready to put those dollars to work."
The Aerospace Industries Association, representing industry has been equally fulsome in its praise coming out in strong support for the proposed investment in the country’s transportation infrastructure, particularly the effort to modernize the nation’s air traffic control system called NextGen.
"We are very pleased to see the recognition that our national airspace system cannot be transformed by focusing on runways alone," said AIA President and CEO Marion C. Blakey. "NextGen is the future of a safer, cleaner, quieter aviation system and its implementation requires attention to both ground and airborne infrastructure."
According to the AIA, civil aviation has an incredible capacity to spur economic investment. Various economic analyses show that federal investment in NextGen airborne infrastructure has the potential to create more than 150,000 direct and indirect jobs in the near term.
"AIA has long championed the inclusion of NextGen acceleration in any economic stimulus package because of the strong five-to-one stimulative effect of civil aviation investment," Blakey said. "Transportation infrastructure spending that doesn’t include recapitalization of our Eisenhower-era aviation system won’t address the issue efficiently or effectively."