10/24/2011

Infrastructure investments are needed to stimulate the U.S. economy in the near term by creating employment and fostering longer-term productivity growth, according to a report by the Council on Jobs and Competitiveness. However, what the U.S. needs is a sustained stimulus measure that allows increased investment spending over several years, says Laura D'Andrea Tyson, an economist and business professor. "Significant, timely and targeted investments in the nation's deteriorating infrastructure should be one of these steps," Tyson concludes.

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