Low costs mean "time is right" for infrastructure investment

10/12/2010 | Atlantic Wire, The

Low borrowing, labor and materials costs add up to a no-brainer for rebuilding infrastructure, according to a new report called An Economic Analysis of Infrastructure Investment. The nation should act now while conditions are right, say the Council of Economic Advisers and the Treasury in the analysis. Ezra Klein writes in the Washington Post: "Infrastructure investment creates middle-class jobs for workers in a sector with high unemployment and it puts them to work doing something that we actually need done at a moment when doing it is cheaper than it ever will be again."

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