PITTSBURGH POST GAZETTE: Gov. Rendell "Rebuild our infrastructure - the U.S. is in danger of becoming a third-rate economic power"
7/27/10: In case you missed it, this morning the Post Gazette published a opinion editorial from Governor Ed Rendell (D-PA) stressing that:
"Infrastructure surely is not the sexiest word in the English language, nor does it command the attention of the media or the average person on a daily basis. That is, until a bridge collapses, the water is contaminated, a levee breaks or a school is shuttered in your own backyard... One effective vehicle of change is a National Infrastructure Bank to fund some of the nation's highest priorities. Such a bank would leverage federal dollars in the form of grants and loans with private sector investments to fund major projects of regional and national significance. Not only would it provide greatly needed investment to cash-strapped cities and states, it also would provide the transparency and accountability needed to prevent waste and "Bridge to Nowhere"-type projects. It would select projects based on merit and cost-benefit-analyses."
Read the full piece HERE.