1. About that Bridge to the 21st Century . . .

2. The Wealth of the Nation

3. The Rationale for Public Investment
* Inadequate market provision
* A premium on public ownership

4. The Benefits of Public Investment
Household benefits
Productivity
Business profits
Business investment
Regional development

5. The Decline of U.S. Public Investment
Public capital stocks grew through the 70s
The public investment share of GDP
declined after 1980

9. Public Investment Priorities
Early Childhood Development, Education
Sustainable Energy
Global Warming
National Security
Environmental Quality
Health Care
Saving New Orleans & the Gulf Coast
Etc.

10. Can we afford more public investment?
Currently Federal non-defense investment outlays are $246 billion in a $2,784 billion Federal Budget
The role of private investment in economic growth is grossly overblown
Investment is saving