Monday, May 14, 2012

Did you know the US under invests in infrastructure by almost $100B a year?

The US is apparently under-investing at an estimated $94 billion dollars a year currently. This means that every year, our roads, bridges, airports and sewage systems to name a few are getting worse than they were the year before. This will manifest itself in a more polluted environment, more congestion and more frequent delays. This article in The Economist estimates this will cost every household in the US an estimated $10600 over the course of the current decade.

The article also goes on to talk about several ways to get the private sector to help filling this gap of which the federal government is currently not doing any. Obama has been trying but congress is, as usual, standing in the way.

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