Investing in infrastructure is one of the most sound

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Unformatted text preview: in its competitiveness in the world economy. China and Europe are now moving ahead with their high-speed rail networks at breakneck speed, which means that in a decade or two they will have significantly reduced their dependence on imported oil, created tens of millions of new jobs, and saved their countries trillions of dollars by vastly improving the productivity of their economies thanks to a lowcarbon transportation sector that moves people and goods at speeds that could one day hit 300 miles per hour, or more.} US High Speed Rail is key to US Competitiveness – studies/jobs Sires, Representative of the House, 11 (Albio, The Hill-blog of Congress, http://thehill.com/blogs/congress-blog/economy-a-budget/149263-making-highspeed-rail-a-national-priority; DKE) {During our nation’s prolonged period of economic challenges, it is my goal and the goal of many of my colleagues to create jobs and stimulate the economy. Investing in infrastructure is one of the most sound policy choices to meet th...
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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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