Ultimately the full economic benefit of a revived

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Unformatted text preview: from other firms in the future Ridlington & Kerth et al, policy analysts w/ the Frontier Group, environmental think tank in affiliation with the Public Interest Network, Fall 2010 [Wisconsin Public Interest Research Group – Elizabeth & Rob, Brian Imus & Bruce Speight, WISPIRG Foundation “Connecting the Midwest, - How a Faster Passenger Rail Network Could Speed Travel and Boost the Economy,” Accessed 6/1/12] SM Construction of high-speed rail repre- sents a golden opportunity to rebuild the Midwest’s manufacturing base. By estab- lishing a lasting market for passenger rail companies, helping firms from the region acquire technology and expertise, and helping workers develop the skills to enter this new industry, Midwestern states can develop a new foothold in an international manufacturing industry. The single most important step that policymakers can take to build a domestic passenger rail manufacturing base is to commit adequate funding to high-speed rail over the long term. Midwestern firms will only invest in new production facilities and product lines if they are confident that there will be sustained deman...
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