It’s the Jobs, Stupid: Infrastructure Matters

It may surprise you to know that some policy makers and academics believe that “nothing matters” when it comes to infrastructure — the physical structures that make water, energy, broadband and transportation work — and economic prosperity. The thrust of the idea that infrastructure doesn’t matter may have started with Larry Summers, appointed by President Obama as Director of the National Economic Council in 2009. The New York Times says he is “the only top economic adviser with a West Wing office” – meaning he is very powerful in Washington terms.

by Susanne Trimbath

Full Story: http://www.newgeography.com/content/001581-its-jobs-stupid-infrastructure-matters