Make It in America: The Economyby Representative Brian Higgins
Posted on 2013-03-12
HIGGINS. I thank the gentleman from California.
I think the infrastructure piece, as has been mentioned here previously, is a vehicle for growth. It is refreshing to see that this discussion tonight between three Members is about how to grow the economy. There is not an example in human history of an economy growing out of a recession from austerity measures. It didn't happen in Japan in the 1990s. It's not happening in Europe today, and it didn't happen in this country in 1937. So what we have to do is invest in education, as the gentleman has said, scientific research, and infrastructure.
This weekend, former Republican candidate for President Rudy Giuliani talked about the importance of investments that have a return, that grow jobs and reduce debt and deficit. He talked about transportation infrastructure and rebuilding the roads and bridges of this country.
The Republican budget that was released today, the Ryan budget, proposes to cut infrastructure spending over the next 10 years by $5.7 trillion. I would submit to you that we are moving in the wrong direction. We need to make investments in this economy.