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Unformatted text preview: rticipation, but private firms right now are seeing volatility and political strife, and that’s not an environment in
which the private sector will want to participate,” he says. That’s why it’ll be critical for Congress to create a program
to fund high-speed rail on an ongoing basis. And as long as the private sector is confident the federal government
will pony up more funds for HSR development, there are plenty of firms interested in securing a stake in California’s
project.>> Impact Module: Primacy
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...
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