During the past 50 years the united states has

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Unformatted text preview: st, keeping up with the progress of other nations. During the past 50 years, the United States has invested nearly $1.3 trillion in our highways and over $484 billion in our aviation infrastructure. In contrast, rail investment has received only $67 billion over the past 31 years. We have directed significantly less funding to rail, despite the fact that some regions could benefit greatly from this investment.} Continued decline in competitiveness eradicates US primacy Lawrence, former member of President Clinton’s Council of Economic Advisers, 2002 [Robert Z., “Competitiveness,” http://www.econlib.org/LIBRARY/Enc/Competitiveness.html, Accessed 6/1/12] It is important to recognize that this relative decline of the United States has differing implications for American power and for American living standards. The power of a nation (i.e., its ability to influence the actions of other nations) flows in large part from its relative economic capacity—the economic performance of the United Stat...
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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.

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