David Brooks is dismayed at all the failed 'stimulus packages' and those yet to come. Instead, he points to short and long term infrastructure plans, mostly in transportation, that will help the country in addition to any stimulus to the economy.
"Bad policy ideas are coming in profusion. There are plans to bail out automakers. There are plans to issue more rebate checks (even though the last ones didn't work). Barack Obama is proposing one-time tax credits for small businesses that are hiring.
These and other plans amount to an economic sugar rush.
The smart thing to do is announce a short-term infrastructure initiative to accelerate all those repair projects that can be done within a few years. Then, begin a long-term National Mobility Project.
Major highway projects take about 13 years from initiation to completion - too long to counteract any recession. But at least they create a legacy that can improve the economic environment for decades to come.
Explore all the new ideas that are burgeoning in the transportation world - congestion pricing, smart highways, rescue plans for shrinking Midwestern cities, new rail and airplane technologies. When you look into this sector, you see we are on the cusp of another transportation revolution."
FULL STORY: Op-Ed Columnist: A National Mobility Project
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Using Old Oil and Gas Wells for Green Energy Storage
Penn State researchers have found that repurposing abandoned oil and gas wells for geothermal-assisted compressed-air energy storage can boost efficiency, reduce environmental risks, and support clean energy and job transitions.
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San Francisco’s Muni Ridership Grew in 2024
The system saw its highest ridership since before the Covid-19 pandemic, but faces a severe budget shortage in the coming year.
Colorado Lawmakers Move to Protect BRT Funding
In the face of potential federal funding cuts, CDOT leaders reasserted their commitment to planned bus rapid transit projects.
Safe Streets Funding in Jeopardy
The Trump administration is specifically targeting bike infrastructure and other road safety projects in its funding cuts.
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