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Obama Says China’s Infrastructure Puts the U.S. to Shame
BY ERIC PIANIN,
The Fiscal Times
With concern about economic competition from China very much on his mind, President Obama this week renewed his call for major new investments in U.S. infrastructure to keep pace with rival countries and keep the economic recovery on track.
“It makes no sense that we have a first class economy with a second class infrastructure,” Obama said on Wednesday during a speech to the Business Roundtable in Washington.
Obama got a close look at Chinese infrastructure handiwork when he visited China as part of his nine-day trip toattendthe Asia-PacificEconomicCooperation and G20summits last month.
Obama Says China’s Infrastructure Puts the U.S. to Shame | The Fiscal Times
BY ERIC PIANIN,
The Fiscal Times
With concern about economic competition from China very much on his mind, President Obama this week renewed his call for major new investments in U.S. infrastructure to keep pace with rival countries and keep the economic recovery on track.
“It makes no sense that we have a first class economy with a second class infrastructure,” Obama said on Wednesday during a speech to the Business Roundtable in Washington.
Obama got a close look at Chinese infrastructure handiwork when he visited China as part of his nine-day trip toattendthe Asia-PacificEconomicCooperation and G20summits last month.
Obama Says China’s Infrastructure Puts the U.S. to Shame | The Fiscal Times