THANKS TO JANET LEVY FOR THIS GLOOMY NEWS…..RSK
The American Society of Civil Engineers (ASCE) has issued its report cardhttp://www.infrastructurereportcard.org/ on the nation’s infrastructure. The overall rate, covering items such as dams, drinking water, waste systems, levees, transportation, bridges, waterways, ports, rail, roads, mass transit, parks, schools, and energy was a lowly D+.
The U.S. Congress Joint Economic Committee noted that “America’s infrastructure has fallen in rank from 6th in the world to 25th in just the past 5 years…aging transportation infrastructure is expected to increase the cost of business in America by an estimated $430 billion in the next decade.”
32% of American roads are in poor or mediocre condition, and 25% of bridges are rated as structurally deficient. The American Automobile Association (AAA) notes that many of the 30,000 deaths that occur on U.S. highways are “attributable to the direct result of inadequate lighting, poor signage or outdated road design that might have been prevented by fixing unsafe roads.
One aspect of America’s declining infrastructure, inadequate roads, was examined by National Review. “As congestion has grown worse, so has its estimated cost each year…in 2011, the total estimated cost of congestion in the U.S. topped $120 billion. Think of that as an annual tax on Americans that could be eliminated with better road management…Congestion slows business activity as well, which raises costs and reduces sales and output. A 2009 study by Kent Hymel showed that these costs add up: using data on congestion, existing road infrastructure, and employment, he estimated that a 50 percent decrease in congestion in the United States’ ten most congested cities could boost long-run employment growth in those cities by 10 to 30 percent, and economic growth along with it.”