Racing Ahead or Falling Behind? Six Economic Facts About Transportation Infrastructure in the United States
A founding principle of The Hamilton Project’s economic strategy is that long-term prosperity is best achieved by fostering economic growth and broad participation in that growth. This strategy includes an essential role for effective government to make much-needed public investments. This month The Hamilton Project is focusing on the need for public investments in our nation’s transportation infrastructure with the release of a new discussion paper by Roger Altman of Evercore, Aaron Klein of the Bipartisan Policy Center, and Alan B. Krueger of Princeton University, entitled "Financing U.S. Transportation Infrastructure in the 21st Century". As part of this focus, we offer this primer document, “Racing Ahead or Falling Behind? Six Facts about Transportation Infrastructure in the United States.” While each part of the nation’s infrastructure is vital—from the electrical grid that powers our cities to the water systems that deliver clean drinking water around the country—these facts focus on the state of investment in transportation-related infrastructure.