The NAM is releasing in-depth ‘Competing to Win’ policy papers to equip Congress and the Trump administration with blueprints for delivering on manufacturers’ priorities. Today’s release is the first in the series and focuses on Transportation and Infrastructure. For more on the NAM’s ‘Twelve Days of Transition,’ follow @ShopfloorNAM.
Despite the clear benefits of investing in our nation’s infrastructure, the United States has spent less and less over the past decades on our roads and bridges, ports and waterways and public transit—down from about 3.8 percent of GDP in 1970 to 1.5 percent in 2012.
As most people know, this is not a new problem, but it is one that is setting manufacturers back. We are hopeful though, as President-elect Trump has said, “We are going to rebuild our infrastructure, which will become, by the way, second to none. And we will put millions of our people to work as we rebuild it.”
We agree with the president-elect, and we join him in calling on our policymakers to join us in our effort to build to win.
In October, the NAM released a bold infrastructure initiative, “Building to Win,” that outlines not only the biggest challenges, but also funding and financing options to tackle infrastructure investment that will accomplish projects of national and regional significance. It’s part of our larger “Competing to Win” agenda that we have shared with the president-elect and his team.
- A serious infrastructure package should include a reliable, user-based, long-term funding stream for the Highway Trust Fund so that families, drivers, and manufacturers can have the safe efficient highways they need.
- While roads, bridges, and other traditional infrastructure projects require immediate investment, the NAM also urged Congress and the next Administration to upgrade and modernize our water, broadband and energy infrastructure using a combination of innovative reforms and tools—from public private partnerships to more efficient permitting.
We cannot repeat the mistakes of the past or neglect a chance to change the status quo. This is a generational opportunity to revitalize our infrastructure and reform government policies that have allowed it to languish into a state of disrepair and chronic underinvestment.
This will not only strengthen manufacturing but our economy overall. So join the NAM’s online petition calling for fixing America’s infrastructure.
To view the blueprint, click here.