Skip to Content
Streetsblog USA home
Streetsblog USA home
Log In
Paul Krugman

Nobelist Krugman Joins Call for Federal Transportation Spending

ts_krugman_190.jpgFor decades, groups like Build for America have made a strong case that transportation spending has to increase. They have rightly warned that the U.S. transportation network is falling apart, with bridges failing and transit systems lagging behind international competitors. But wars, tax cuts and social priorities have stymied increased investment.

Now, as the country teeters on the edge of a dire recession, increased transportation spending is starting to look like a core building block in a federal stimulus package that would, ideally, bring about job creation, increased international competitiveness and improved environmental sustainability. Today, Nobel Prize winning economist and New York Times columnist Paul Krugman helped make the case, using the kind of "fix it first" and pro-transit examples promoted by Build for America at Wednesday's press conference.

And this is also a good time to engage in some serious infrastructure spending, which the country badly needs in any case. The usual argument against public works as economic stimulus is that they take too long: by the time you get around to repairing that bridge and upgrading that rail line, the slump is over and the stimulus isn’t needed. Well, that argument has no force now, since the chances that this slump will be over anytime soon are virtually nil. So let’s get those projects rolling.

Photo: Fred R. Conrad/The New York Times

Stay in touch

Sign up for our free newsletter

More from Streetsblog USA

Talking Headways Podcast: Zoning for Vermicelli

Sara Bronin on her book Key to the City: How Zoning Shapes Our World, and why zoning is an opportunity for people to reshape their communities.

January 2, 2025

Thursday’s Headlines Start the New Year With a Tragedy

The attack on Bourbon Street early Wednesday morning was the latest and deadliest example of a killer using a vehicle as a weapon.

January 2, 2025

Anyone Can Redesign a Street. Here’s How.

Got an internet connection? You can redesign a street — no transportation engineering degree needed.

January 2, 2025

Bus-ted! NYC Mayor Failed to Improve Commutes for the Poorest Workers

New York City continued its annual tradition of failing miserably to install the legally required miles of bus lanes

December 31, 2024

Best of 2024: Rural America Has Non-Drivers, Too

This year, let's set a resolution to do right by the countless U.S. residents who live outside of cities without cars.

December 31, 2024
See all posts