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August 12, 2012 09:00 pm GMT
There was a time in the United States when federal and local governments could initiate and orchestrate big, sweeping infrastructure projects. One of the most notable was theestablishmentof the interstate highway system during the Eisenhower administration, a post-war public works project to connect an enormous nation and bolster its defenses. It also helped unlock a new era of interstate commerce. Decades later, the government tried again with the creation ofAmtrak, but for a host of reasons, well, that hasnt really worked out. Instead, success came in aviation, which further accelerated economic growth, and the rise of the American (and eventually global) automotive industry, which created many jobs, ignited technological progress, and fueled the countrys renewed investment in building more roads and settling more suburban areas, all the while selling more cars as part of the new American dream.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/m7T6oBQh4t0/
Iterations: A New Era in Transportation Systems
There was a time in the United States when federal and local governments could initiate and orchestrate big, sweeping infrastructure projects. One of the most notable was theestablishmentof the interstate highway system during the Eisenhower administration, a post-war public works project to connect an enormous nation and bolster its defenses. It also helped unlock a new era of interstate commerce. Decades later, the government tried again with the creation ofAmtrak, but for a host of reasons, well, that hasnt really worked out. Instead, success came in aviation, which further accelerated economic growth, and the rise of the American (and eventually global) automotive industry, which created many jobs, ignited technological progress, and fueled the countrys renewed investment in building more roads and settling more suburban areas, all the while selling more cars as part of the new American dream.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/m7T6oBQh4t0/
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