Facts About Our Country Get “Lost in the Mix” – Extent of U.S. (Under-) Investment on Our Country’s Infrastructure

By August 26th, 2013

Excerpt

…(T)he facts about America’s achievements, its failings, and its current condition have somehow gotten lost in the mix. Not wanting to disturb us with details or precision, much of the media (but not all!!) and most politicians present the world in a binary form — us or them, this way or that way, no prisoners and no middle ground… (S)ome leaders and some groups are now more vested in the perpetuation of conflict than in the resolution of problems. Borgen, M., The Relevance of Reason – Business and Politics,(2013) p. 3.

Today’s Fact:

American (Under-) Investment on Infrastructure

– Effective Per Family Per Year Cost of Our National Under-Investment on Infrastructure –

The U.S. spends appr. 2.4% of its GDP on infrastructure costs, compared with appr. 5% that European nations spend. Furthermore, though the U.S. continues to “build roads with enthusiasm,” it curiously spends “considerably less” than U.S.’ European counterparts to maintain them. According to the American Society of Civil Engineers, the effective cost of our nation’s under-investment on its infrastructure will cost (a)ppr. $10,600 each year for each family member over the next decade (i.e. $106,000 over the next decade). Borgen, M., The Relevance of Reason – Business and Politics, p. 182 (2013) (Emphasis added) citing The Economist, April 30-May 5, 2011, p. 30 and May 12-18, 2012, p., 38.

 

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