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Do you think that seaports are key to any sustainable economic recovery in the US?
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They are important, but I don't know about key.
This report by the Army Corps of Engineers:
http://www.spn.usace.army.mil/value_to_the_nation/DeepWaterPorts.pdf
says that $1 trillion a year goes through US ports. Since the entire US economy is $14 trillion per year, anything that is 7% of the entire economy is definitely relevant.
In the short run, as the US continues to import a lot of oil and goods, then seaports are key.
In the longer run, will the US continue to be an import heavy country, or will it start to produce more internally and import less ? That would lessen the demand on seaports. Will the US continue to be a heavy importer of oil, or will various alternative energy projects finally start to bear returns and will the amount of oil imported decline ?
Seaports are vitally important for the near term, but the longer term programs of "more US jobs to reduce unemployment" and "alternative energy" could reduce the seaport traffic levels radically in the medium to long term.
So to say seaports are key to any sustainable economic recovery begs the question of how long do you mean by "sustainable" ?
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