Invest in & regulate infrastructure, both hi-tech & lo-tech
From 19th-century “internal improvements” like the Erie Canal to Eisenhower’s interstate highway system, the road to America’s economic dominance has been paved with generous investments in the common infrastructure. Do we have similar needs and
opportunities today? Yes. Are we neglecting them? Yes. Will we come to regret it? Yes, unless we do something about it soon.
Our international competitors are investing billions in things like high-speed rail, fiber-optic communications, and facilities
Source:
, Jul 2, 1995
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