plan would increase jobs for manufacturing sector

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Unformatted text preview: equipment. To that end, the Midwest should devise and implement a long-term strategy for building a vibrant, globally competitive passenger rail industry. Local manufac- turers are likely capable of producing the equipment needed for a 110 mph network, but for higher speed trains, of the sort that are under consideration the route between St. Louis and Chicago, foreign expertise will likely be required at first. As the Midwestern states look towards further upgrading their rail network in the future, they should consider how they can create a domestic manufacturing base for the high- tech equipment necessary. For example, South Korea licensed the technology for its high-speed rail system from a French com- pany, with the first trains manufactured in Europe and the rest domestically.134 Over time, Korean companies developed their own high-speed rail technology, which they now hope to export to other nations building high-speed rail networks.135 Solvency: US HSR Benefits the Manufacturing Industry High speed rail would create jobs in the manufacturing sector Fast Lane, 2012 (High-speed rail is essential for economic growth and opportunity, Apri...
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This note was uploaded on 11/30/2013 for the course PHILOSOPHY 303m taught by Professor Tye during the Fall '12 term at University of Texas at Austin.

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