Infrastructure and the Burgh
" ... Second, we will create millions of jobs by making the single largest new investment in our national infrastructure since the creation of the federal highway system in the 1950s. We’ll invest your precious tax dollars in new and smarter ways, and we’ll set a simple rule – use it or lose it. If a state doesn’t act quickly to invest in roads and bridges in their communities, they’ll lose the money."
What would a big infrastructure push mean for us? The number I see being tossed around is a fairly quick $100 billion. The political process tends to force spending like that to be evened out across the country. If it worked out like that, SW Penn. would expect to see 1% of that $100 billion. If need is taken into account at all, by any measure our infrastructure needs exceed most anywhere else in the US. Bridges, sewers, roads or the scary state of our locks and dams all have big investment deficits. If we were to get say2% of $100 billion, assuming it is net above and beyond what would be expected otherwise that you are talking about enough that would make a real impact on the local economy. That and $100 billion in infrastucture could also be a big plus for the steel industry. Most infrastructure uses a lot of steel and you would expect to see an employment here, not just in steel, but in the mining and production of coking coal.
and as an aside, if that 'use it or lose it' thought becomes policy..... what projects are on the books here that would qualify for a first big blast of funding?