Chris+&+Ryan

=Affirmative=

NIB with the econ and steel advantages - email c.callahan45@gmail.com if you have questions.

Plan

 * Plan: The United States federal government should establish a national infrastructure bank to substantially increase its transportation infrastructure investment.**

**Uncertainty means the recovery is fragile now**
On the pervasive....are quite relevant.
 * Reddy 7/16** – (Sudeep, Wall Street Journal Economics Reporter, Wall Street Journal, “IMF’s Blanchard: Global Economy Gripped by Meta-Uncertainty,” 7/16/12 [])//aberg 

**Declining transportation infrastructure is undermining the __foundation__ of the U.S. economy**
As Obama and...challenge, we are.
 * Donohue, 11** --- president and chief executive officer of the US Chamber of Commerce (9/8/2011, Thomas J., Christian Science Monitor, “The highway to jobs - via better infrastructure,” Factiva, JMP)

**This negatively influences the __entire economy__ --- prevents a __resilient__ supply chain**
The massive network...and its consequences.
 * Little, 11** --- Director, Keston Institute for Public Finance and Infrastructure Policy (4/5/2011, Richard, “Infrastructure Investment and U.S. Competitiveness,” [], JMP)


 * Two internal links –**


 * First is stimulus –**

**Confidence is collapsing now and destroying investment --- a national infrastructure bank is best short term stimulus that doesn’t drive up the deficit**

 * Skidelsky & Martin, 11** --- *Emeritus Professor of Political Economy at the University of Warwick, AND **macroeconomist and bond investor (3/30/2011, Robert Skidelsky and Felix Martin, New York Review of Books, “For a National Investment Bank,” [], JMP)**
 * But could a....long-term investors.**

Stimulus is best for recovery—principles of aggregate demand Mankiw and Weinzierl, 11** - *professor of economics at Harvard AND ** professor of business administration at Harvard (N. Gregory and Matthew C., __An Exploration of Optimal Stabilization Policy__, Brookings Institution, Spring 2011, [])//HKW What is the optimal...purchased is low.

**The plan will revive confidence in demand and spur a self-sustaining private sector recovery**

 * Skidelsky & Martin, 11** --- *Emeritus Professor of Political Economy at the University of Warwick, AND **macroeconomist and bond investor (3/30/2011, Robert Skidelsky and Felix Martin, New York Review of Books, “For a National Investment Bank,” [], JMP)**
 * Such are the....private sector recovery.**

Second is banking –

A national bank will restore confidence in the banking and financial sectors The creation of....in banking itself.
 * Skidelsky & Martin, 11 --- *Emeritus Professor of Political Economy at the University of Warwick, AND **macroeconomist and bond investor (3/30/2011, Robert Skidelsky and Felix Martin, New York Review of Books, “For a National Investment Bank,” [], JMP

Euro-zone bank contagion....for U.S. banks.
 * Essential for the economic recovery**
 * Rodriguez 12 ** – Rodriguez/Makan, writers for the Globe and Mail New York. (Vivianne and Ajay, “U.S. financial sector holds key to recovery”, The Globe and Mail, Jan 2, 2012, [], Callahan)

**The US is the underpinning of the global economy**
Several developments, especially...W-shaped recession.
 * RAHMAN ‘11** - former Ambassador and Chairman of the Centre for Foreign Affairs Studies. (Ashfaqur . “Another global recession?”. August 21. http://www.thedailystar.net/newDesign/news-details.php?nid=199461)

** Economic decline triggers nuclear war **
Increased Potential for...dog-eat-dog world.
 * Harris and Burrows 9** ( Mathew, PhD European History at Cambridge, counselor in the National Intelligence Council (NIC) and Jennifer, member of the NIC’s Long Range Analysis Unit “Revisiting the Future: Geopolitical Effects of the Financial Crisis” [], AM)

**Independently, US collapse causes nuclear war**
With the global...continued American leadership.
 * Freidberg & Schonfeld, 8 ** --- *Professor of Politics and IR at Princeton’s Woodrow Wilson School, AND **senior editor of Commentary and a visiting scholar at the Witherspoon Institute in Princeton (10/21/2008, Aaron and Gabriel, “The Dangers of a Diminished America”, Wall Street Journal, http://online.wsj.com/article/SB122455074012352571.html?mod=googlenews_wsj)

Steel advantage

 * Contention 2 is the Steel Industry –**

Brooks, 12 – Foundry Management & Technology Editor-in-chief at IndustryWeek (Robert Brooks, “Domestic Steelmakers are Strong, But Concerned”, IndustryWeek, 4/12/12, [] | AK) The U.S. steel...and other manufactures.
 * The steel industry is growing now, but remains fragile – new transportation infrastructure projects are vital to maintain momentum**

Robertson, 10 – Pittsburgh Bureau chief at American Metal Market (Scott Robertson, “Obama infrastructure plan a first step, but short of needs: steel”, American Metal Market, 9/10/10, General OneFile | AK) PITTSBURGH - Steel industry...of) the economy.
 * The 2009 ARRA was insufficient – establishing a national infrastructure bank is crucial**

STI, 12 – is an English language journal. It contains a digest of global news, events, statistics, and stockholding news, as well as more detailed technical articles, company and country profiles, conference reports and regular regional economic briefings. The target readership are managers and CEOs in the steel industry, but it is also widely read by stockholders, members of research organizations, technical consultants and business consultants, citing Timothy J. Considine, Ph.D. and Professor of Economics at the University of Wyoming, John P. Surma, Chairman and CEO of the United States Steel Corp., and Thomas J. Gibson, President and CEO of the American Iron and Steel Institute (Steel Times International, “American Iron and Steel Institute calls for further Government intervention”, STI, May/June 2012, [] | AK) The American Iron....the economic recovery.
 * The highway reauthorization bill wasn’t enough either – a substantial new investment is vital**

The U.S. carbon/alloy...a consistent basis.
 * The impact is hegemony – a strong steel industry is the vital internal link to military primacy**
 * AISI, 7 ** – serves as the voice of the North American steel industry in the public policy arena and advances the case for steel in the marketplace as the preferred material of choice. AISI also plays a lead role in the development and application of new steels and steelmaking technology (American Iron and Steel Institute, “STEEL AND THE NATIONAL DEFENSE”, AISI, January 2007, [] | AK)

Events in Libya...state-based conflicts.
 * Heg prevents global nuclear war – the military is key**
 * Barnett, 11** [Thomas Barnett, //Chief analyst at Wikistrat, former visiting scholar at the University of Tennessee’s Howard Baker Center for Public Policy and a visiting strategist at the Oak Ridge National Laboratory, former Senior Strategic Researcher and Professor in the Warfare Analysis & Research Department, Center for Naval Warfare Studies,// March 7, 2011, “The New Rules: Leadership Fatigue Puts US, and the Globalization, at Crossroads”, World Politics Review, http://www.worldpoliticsreview.com/articles/8099/the-new-rules-leadership-fatigue-puts-u-s-and-globalization-at-crossroads]

Solvency
Another creative funding....the status quo.
 * Contention 3 is Solvency ---**
 * A national bank devoted just to transportation will revitalize U.S. infrastructure --- it will be easy on the budget and politically palatable**
 * Lovaa, 11** --- Federal Transportation Policy Director for NRDC (6/28/2011, Deron, “An Infrastructure Bank for Transportation,” [], JMP)


 * A national bank will overcome failures endemic to the current system of funding transportation infrastructure --- lack of cooperation and insufficient resources make federal action necessary for __large-scale__ projects**
 * McConaghy & Kessler, 11** --- * Director of the Third Way Economic Program, AND **Vice President for Policy at Third Way (January 2011, Ryan McConaghy and Jim Kessler, “A National Infrastructure Bank,” http://www.bernardlschwartz.com/political-initiatives/Third_Way_Idea_Brief_-_A_National_Infrastructure_Bank-1.pdf, JMP)**
 * America's economic future...enduring infrastructure investments.**

Transportation infrastructure investment will boost economic growth --- increases jobs and attracts businesses Tyson, 11 ** --- professor at the Haas School of Business at UC Berkeley (6/3/2011, Laura D’Andrea Tyson, NYT Blogs, “The Virtues of Investing in Transportation; Economix,” Factiva, JMP) **
 * Years of underinvesting...by independent experts.**

The NIB’s competitive, inter-modal, multijurisdictional approach is key—only federal action solves Istrate and Puentes 9** (Istrate, Emilia, senior research analyst and associate fellow with the Metropolitan Infrastructure Initiative specializing in transportation financing, and Puentes, Robert, Senior Fellow and Director of the Metropolitan Infrastructure Initiative, December 2009, “Investing for Success Examining a Federal Capital Budget and a National Infrastructure Bank”, Brookings Institute)FS A properly designed...leveraging private co-investment.

=Negative= Email RQMcCoy14@brophybroncos.org if you have any questions. I don't know why you would, because you have all of the files.

vs. Port Dredging -
Cap K

vs. NIB -
Cap K

vs. CCS -
T (investment) Tax Cuts and Earthquakes turn

vs. Title XI -
T (investment)

vs. Natives
Radioactive Waste CP and Colonialism turn