Aug. 13, 2019—A group of citizens representing an ad hoc coalition for a National Infrastructure Bank went to Capitol Hill during the last week of August, to lobby for the enactment of a National Infrastructure Bank (NIB). The more than a dozen citizens included activists from Ohio, South Carolina, Virginia, […]
By Nancy Spannaus July 24, 2019—Conditions are overripe, so to speak, for the adoption of a $4 trillion dollar National Infrastructure Bank, whose updated text I reprint below. Indeed, any delay will only worsen the consequences of an inevitable collapse of an aspect of our crumbling basic infrastructure, our bloated-to-bursting […]
June 18, 2019—At a meeting last night, the Akron City Council passed a resolution calling on the U.S. Congress to enact legislation establishing a National Infrastructure Bank. The passage had been preceded by extensive discussion. On June 13, sponsors of legislation to create a National Infrastructure Bank testified at City […]
By Nancy Spannaus May 15, 2019—On May 8, the House Transportation and Infrastructure Committee, under Chairman Peter DeFazio, took a baby step toward increasing Federal spending on vital national infrastructure. It passed out of Committee HR 2440, a bill which would allow the Army Corps of Engineers to utilize the […]
By Nancy Spannaus May 13, 20190—Where can we get the money for the trillions of dollars of infrastructure spending the United States needs? The answer is: in a Hamiltonian National Infrastructure Bank. A coalition of hundreds of organizations assembled in #BuildforTomorrow kicked off the seventh National Infrastructure Week today. Dozens […]
By Nancy Spannaus May 6, 2019—NJ Municipalities, the magazine of the New Jersey League of Municipalities, has recently published a call for a National Infrastructure Bank (NIB) under the headline: “National Infrastructure Bank: A Hamiltonian Solution to the National Infrastructure Crisis.” It was written by retired transportation executive Stanley Forczek, who […]
By Nancy Spannaus May 2, 2019—If Congress and the President are serious about funding a long overdue national infrastructure program, Hamiltonian banking must be the subject of their discussions over the coming weeks. A model proposal for a Hamiltonian National Infrastructure Bank has been proposed by this blog for nearly […]
April 8, 2019—On April 2, the General Assembly of the state of Illinois passed HR0014, a resolution memorializing Congress to establish a New National Infrastructure Bank. The resolution was introduced by Rep. Mary Flowers (D-31) in late December. It passed the Financial Institutions Committee on March 19. The resolution now […]
By Alphecca Muttardy, macro-economist March 31, 2019–In his written and spoken testimony before the House Ways and Means Committee on March 6, Rep. Peter DeFazio, Chairman of the House Transportation Committee, correctly described what would happen to our economy if our nation’s critical infrastructure needs are not addressed. Citing the […]
by Nancy Spannaus Sept. 7, 2019—Unfortunately, the illiteracy and irrational fear of nuclear power, with several key exceptions, was once again on display during the all-night CNN Climate Change debate on Sept. 4. Virtually all the candidates, pandering to an audience whose majority were anti-nuclear climate change advocates, either denounced […]
Aug. 13, 2019—A group of citizens representing an ad hoc coalition for a National Infrastructure Bank went to Capitol Hill during the last week of August, to lobby for the enactment of a National Infrastructure Bank (NIB). The more than a dozen citizens included activists from Ohio, South Carolina, Virginia, […]
Infrastructure Bank Means 25 Million Jobs
How Many New Jobs Would the National Infrastructure Bank Create, and What Would They Pay? by Alphecca Muttardy The following article was written in response to questions about the functioning of a proposed National Infrastructure Bank (NIB), which is being discussed on Capitol Hill and in political circles around the […]