June 22, 2009
quote
The magic of rail and transit investments is their multiple benefit. In the short term, they’re excellent recession fighters. Upgrading rail lines, for example, requires lots of blue collar labor. Public transit employs so many people that $1 billion in transit funding creates 22,000 jobs, 70 percent more than defense spending and 30 percent or more than a tax cut.
— Robert Pollin, University of Mass. Economist
