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Infrastructure Spending Creates Right Jobs

By Ezra Klein, Washington Post - October 11, 2010

The Council of Economic Advisers has a report (pdf) out today making the case for more infrastructure investment. Most of the arguments will be familiar to folks who read last week's column on the subject, but the CEA presses one button that I wish I'd had the space to emphasize more: Jobs.

Lots of stimulus programs can create jobs. But infrastructure investment creates the right jobs, for the right people, doing the right things -- and at the right time. Or, to say it more clearly, infrastructure investment creates middle-class jobs for workers in a sector with high unemployment and it puts them to work doing something that we actually need done at a moment when doing it is cheaper than it ever will be again.

 

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