BSimanton's blog

Jobs Creation  

How Washington Could Create Jobs

About 14.8 million people are unemployed — an increase of more than 7 million since the recession began. And as slow as Congress has been to act while Democrats controlled both chambers, an increasingly divided political landscape after the election is expected to create an even worse logjam in Washington.

 

Spending on infrastructure is one way to help create jobs, and it might enjoy political support, said Mark Zandi, chief economist for Moody’s Analytics, an economic and financial research firm.

Analysts have found that spending on infrastructure has a relatively high payoff in terms of boosting the overall economy. Another major point in favor of additional infrastructure spending: It would help some of the workers who have been most hurt in the recession, such as construction workers.

Transp Challenges  

Transportation Challenges Highlighted at Forum

Southwest Minnesota could reap a lot of benefits by filling in "the doughnut" - the blank spot on the map of Minnesota's four-lane highways, area transportation representatives said Monday. The problem is the region doesn't have enough money to maintain all the highways it already has.

"That makes it tough," Patrick Weidemann of Minnesota Department of Transportation District 8 told audience members at Monday's regional meeting of the Minnesota Transportation Alliance.

The issue of transportation infrastructure is closely tied to jobs and the economy, especially in southwest Minnesota, said Margaret Donahoe of the Transportation Alliance. "The economy is really reliant on transportation systems to move goods, and to move people," Donahoe said. Improving the infrastructure also improves safety.