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Infographic: Rahm Emanuel Chicago Infrastructure Trust

April 27th, 2012
in Background

Econintersect:  Former Chief of White House Staff and now Mayor of Chicago Rahm Emanuel has started a variation on the idea of an infrastructureSMALLinfrastructure bank which is comprised by a private-public partnership.  Other infrastructure banks have been proposed and some started.  The Obama administration has proposed a National Infrastructure Reinvestment Bank which has not gotten anywhere in a very contentious congress.  A New York Times Op Ed 12 July 2012 by Michael B. Likosky argued for the national bank, while Wayne Crews at Forbes argued against it 7 September 2011.   New York State has started a $25 billion  infrastructure bank with former Investment banker Felix Rohatyn to sit on the board.  California has a $32 billion infrastructure bank.  Infographic follows the "Read more..." promptClick on picture of Golden Gate Bridge for collage of infrastructure projects.

Follow up:

The infographic below was provided to Econintersect by Michael Likosky and Laura Noren from the Center for Law, Economics & Organization at New York University.

John Lounsbury

Sources:

  • www.ibank.ca.gov (California Infrastructure and Economic Development Bank, State website)








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