Infrastructure Spending Quotes

In terms of job creation, every billion dollars invested in the physical infrastructure creates 47,000 new jobs.

The challenge for any government is how do you do two things at the same time. How do you put money forward for things like the payroll tax holiday, for things like getting a jump-start on infrastructure, for building schools, and make the decisions for long-term deficit reduction.

It's estimated for every $1 billion we spend on road construction, nearly 48,000 jobs are created.

You and I come by road or rail, but economists travel on infrastructure.

In D.C., I've passed amendments to allocate $6.3 million to keep our waterways open for business, $1 million as a down payment on our wetland restoration - our natural storm protection - and $5 million to ensure that drilling permits are reviewed thoroughly and efficiently.

We know how to build economies. It requires investment in jobs. The biggest medium-term multiplier is infrastructure.

I wish we had the $4 trillion or $5 trillion. I wish it were spent right here in the United States, on our schools, hospitals, roads, airports, and everything else that are all falling apart.

The global boom in commodities fueled by a debt-financed infrastructure and real-estate bubble in China is over.

I'd say is stimulus infrastructure spending is not instant jobs. I think the real reason the president [Donald Trump] wants to do this is because we have a crumbling infrastructure problem and you need a good modern infrastructure for economic growth to occur.

In the European context tax rates are high and government expenditure is focused on current expenditure. A 'good' consolidation is one where taxes are lower and the lower government expenditure is on infrastructures and other investments.

When I talk about how we're going to pay for education, how we're going to invest in infrastructure, how we're going to get the cost of prescription drugs down, and a lot of the other issues that people talk to me about all the time, I've made it very clear we are going where the money is. We are going to ask the wealthy and corporations to pay their fair share.

The Bush administration, they had two blue ribbon commissions about infrastructure finance that recommended a lot more money, and additionally the gas tax being increased. We couldn't get them to accept being able to move forward. Since President Obama's been in office, there has been, to be charitable, a lack of enthusiasm for raising the gas tax.

A healthy national infrastructure requires not just competent engineers but also a government—and a public—willing to pay for it.

Washington continues to encourage ever more ill-considered lending in a misguided attempt to stave off needed market corrections. The currently proposed combination of a nationwide infrastructure spending orgy plus tax-cut bribes does nothing to remedy that.

It's nice to get president candidates' attention to infrastructure need which is really a ticking time bomb in America. But as important as the dollar amounts are, we need to know that this money is gonna go directly to cities. So we're gonna be able to put it to use. In previous administrations and in previous efforts on infrastructure, the money has gone through states and it never seems to find its way to the nation's cities.

Highway spending, which I think most everybody says is badly needed in this country, creates American jobs, and also makes America more competitive.

Lincoln was a modernizer, so to speak. He believed in economic development. As a Whig before the war he favored what we would call infrastructure spending, government appropriation for canals, railroads, river and harbor improvements, and a tariff to protect industry. He believed in this market revolution that was sweeping across Northern society. He himself benefited from it in his own life.

I mean, the 1930s are the birth moment of modern public sector, government-driven infrastructure spending.

To protect people's lives and keep our children safe, we must implement public-works spending and do so proudly. If possible, I'd like to see the Bank of Japan purchase all of the construction bonds that we need to issue to cover the cost. That would also forcefully circulate money in the market. That would be positive for the economy, too.

Spending on infrastructure will help employment.

Instead of basic roads and bridges, infrastructure spending will go to bloated unions overseeing pie-in-the-sky construction projects like the $30 billion-plus high-speed rail line from Los Angeles to San Francisco, which California officials fully expect to be funded.

On infrastructure, there's a potential for Donald Trump to reach out to Democrats. He's talking about infrastructure spending far in excess of what any Republicans would have considered under a Democratic president.

How does one leave Social Security and Medicare untouched, grow defense by more than $50 billion, slash taxes, launch a $1 trillion infrastructure program - and not explode the deficit and national debt?

The Democrats want infrastructure, they want a trillion-dollar bill, and I'm totally open to that. We are in agreement there.I think where I'm in most - best agreement with the Democrats are that and trade.

Government does not create jobs. It only helps create the conditions that make jobs more or less likely.