This is what really scares me about the short sighted group in Washington today…
If we don’t start making infrastructure investments, not only will the economy stall, but we won’t be positioned to move forward and compete with other nations…
Another example of where we are heading toward becoming a Third World Country if we don’t start investing in infrastructure and our future…
Slaughter wrote that modernization efforts like high-speed rail development are vital to economic growth — and helped make the U.S. a leading economy in the first place: “High-quality infrastructure has helped boost U.S. productivity and standards of living, in part by encouraging global companies to create high-paying jobs here. Today, however, America’s infrastructure is deteriorating — both in absolute terms and relative to other countries that are rapidly bolstering their infrastructure.”
The nation’s aging infrastructure was thrown into sharp relief in August 2007 when an interstate bridge jammed with rush hour traffic suddenly collapsed, pitching dozens of cars into the Mississippi River below and killing 13 people.
via Infrastructure Improvements ‘Key To Recovery,’ Report Says.