Commentary: With the right policies in place, an expansion of public transportation could help reindustrialize the US

From Mass Transit to New Manufacturing – With the right policies in place, an expansion of public transportation could help reindustrialize the United States. Jonathan Michael Feldman | March 23, 2009

  • “A new industrial-policy initiative for domestic production of mass-transit products could help the United States overcome multiple economic challenges. It could provide high-wage jobs, generate tax revenue, expand exports, and reduce trade deficits. This mass-transit-production strategy requires a new kind of industrial and planning policy to overcome the limits of traditional public works. It’s not enough to lay more tracks and upgrade rail facilities. The government has to support domestic production of trains, signals, and related transit hardware and software…A comprehensive policy to encourage domestic production of mass-transit goods would include not only increasing the share of local content but also increasing public investment in mass-transit research and development, supporting rail infrastructure, and encouraging a research-and-production consortium. Such a consortium could include joint ventures between U.S. universities and systems integrators, foreign suppliers, and domestic suppliers of key components, and the development of an industrial workshop that could integrate research, testing, and prototype development…”
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