Mayors ask Congress to help fix U.S. infrastructure – CNNNews
“We’re having a quiet collapse of prosperity,” said Kansas City, Missouri, Mayor Mark Funkhouser, one of four mayors to testify before the Senate Banking Committee about the state of the nation’s infrastructure, which they agreed was poor and getting worse.”
Getting the Transportation Infrastructure We Need – Robert Goodspeed – Planetizen
There’s a growing consensus the U.S. needs to invest more in our infrastructure, especially our transportation infrastructure. Too many roads and bridges are in poor repair, and congestion is slowing the economy of many cities. High gas prices has only added to intense interest nationwide for new and enhanced public transportation. With the expiration of the SAFETEA-LU legislation, next year Congress has the opportunity to revise the policies guiding investment in this critical infrastructure.
Financing America’s Infrastructure Douglas Rediker & Heidi Credo-Rediker, New America Foundation
America’s basic infrastructure is outdated, worn, and in some cases, failing. Most experts agree that it is inadequate for meeting the demands of the 21st-century global economy. If we are to remain competitive, we must invest in capital assets like roads, ports, bridges, mass transit, water systems, and broadband infrastructure. Many other countries — both rich and poor — see investing in infrastructure as imperative for economic survival and success in an increasingly competitive economic environment. But the United States has lagged in infrastructure investment, in both relative and absolute terms. We are spending less than 2 percent of GDP on infrastructure, while China and India are spending 9 percent and 5 percent of GDP, respectively.
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