“Our Roads Are Crumbling” And Other Infrastructure Myths

Every year the American Society of Civil Engineers (ASCE) comes out with a report card on the condition of America’s infrastructure. We got a D+ this year. According to them, “Deteriorating infrastructure is impeding our ability to compete in the thriving global economy, and improvements are necessary to ensure our country is built for the future.”

They calculate that every family in America will lose $3,400 a year because of infrastructure deficiencies. If the problem isn’t fixed, they say, GDP will lose $4 trillion a year by then (2025) and 2.5 million jobs will be lost. They recommend an additional $1.1 trillion of spending on transportation (roads and bridges) over the next 10 years to correct this problem.

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