Similar high speed and intercity passenger rail

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Unformatted text preview: RDQ Economics in New York. "There are positives out there in the economy. We'll avoid a recession." Household balance sheets are in better shape, with indebtedness down about $100 billion in the first quarter, according to the New York Fed. Banks are more profitable: Earnings have risen for 11 straight quarters, based on data compiled by the Federal Deposit Insurance Corp. Even the housing market is reviving, with starts through the first four months of this year 24 percent higher than the same 2011 period. Internal: Manufacturing Base/Jobs Plan would increase jobs for manufacturing sector and small businesses Office of the vice president, February 08, 2011 (press release, http://www.whitehouse.gov/the-press-office/2011/02/08/vice-president-biden-announces-six-yearplan-build-national-high-speed-r; DKE) <This long term commitment builds on the $10.5 billion down payment the Obama Administration already devoted to a national high-speed rail system – including $8 billion of Recovery Act funds and $2.5 billion from the 2010 budget. These invest...
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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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