America doesn’t really possess a national economy, or even a
collection of 50 state economies.

Instead, America’s long-term prosperity stands or falls on the more
local prosperity of its 363 distinct, varied, clustered, and
interlinked metropolitan economies, dominated by the 100 largest
metros—many of which cross county and state jurisdictions and
incorporate multiple city centers, suburbs, exurbs, and downtowns in a
way that the old hub-and-spoke model of urban geography never did.

Yet here is the problem: While America is more metropolitan than ever,
the nation’s policies and structures rarely match economic reality.

Take as an example the nation’s crumbling infrastructure, now finally
in the public eye. We should be spending money on metropolitan
infrastructure, such as new transit lines or the maintenance and
upgrade of existing roads and bridges, because it gives the best
return on investment, the most bang for the buck.

And yet the federal government sends the overwhelming bulk of national
infrastructure funds to states, not metros ... Money that could be
fueling the metro economic engine ends up widening a rural highway.

America can no longer pretend that it is a single economy, nor can it
imagine that it is a nation of independent, small towns, punctuated by
large but isolated urban centers. It must embrace its metropolitan
future—and all the wrenching change that entails.

http://www.brookings.edu/articles/2009/0311_metro_kat

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