While the tone of this year's presidential race is pretty snarky, in all fairness the candidates get credit for at least getting people to talk. Loudly. And one of the loudest talking points is about how the people elected to keep our country running aren't doing their jobs. Cashing their paychecks, of course, but not getting anything done. Especially when it comes to the nation's infrastructure.
Why should you care? Because your household is losing:
- $9.31 per day - enough for lunch at a place that doesn't have tablecloths
- $3,400 per year - downstroke on that bagger you'd look so good on
- $34,000 by 2025 - enough to get you into a place with a yard and no calls about your music
- $76,000 by 2040 - college tuition for that kid you're having in 2018
But wait - there's more!
In the next 25 years, we can look forward to business and job losses such as:
- $3.9 trillion in GDP (that's more than the 2013 GDP of Germany)
- $7.038 trillion of business sales
- 2,546,000 job losses by the year 2025
- 5,809,000 job losses by 2040
And, if you are lucky enough to live in a state as poorly run as Illinois, the Chicago Tribune reports Governor Rauner is happy to sign-off on private tollroads, some type of "vehicle miles traveled" or VMT tax, while missing out on nearly $1 billion federal funding because he and the Springfield Do-Nothings can't find a way to work together.
Frederick “Bud” Wright is executive director of the American Association of State Highway and Transportation Officials says, " Lawmakers are missing an historic opportunity to take advantage of low interest rates and materials costs, which make every dollar spent go much farther than if we keep putting it off." Read his op-ed article here:
The American Society of Civil Engineers has given the nation's infrastructure a "D+" grade and figures that in the next decade, every U.S. household will lose $3,400 annually because of infrastructure deficiencies. "Poor infrastructure means more congestion on our roadways, broken water lines and power outages, and an inability to get our goods to market," said Greg DiLoreto, chair of the ASCE's Committee for America's Infrastructure. "From lost time, to inconvenience, to spending money to fix our cars or a flooded basement, it's a very real cost that we're paying." Read ASCE's "The High Cost of Underinvesting in Infrastructure Repor" here:
TheHill.com's Melanie Zanona writes that congressional attempts to revitalize the country’s transportation infrastructure — which now ranks 11th in the world after slipping from number 1, according to the World Economic Forum — have gone nowhere. Members of Congress, local legislators, former Cabinet members and experts alike say the impasse largely boils down to one thing. “It’s politics,” said Rep. Peter A. DeFazio (D-Ore.), ranking member of the House Transportation and Infrastructure Committee. Read "How Politics Are Getting in the Way of Better Roads and Bridges" here:
Then click over to https://infrastructureweek.org/ to get involved.
The May 16-23 annual observance of "Infrastructure Week," supports investment in transportation and other systems helps focus attention on the benefits of fixing our infrastructure.
InfrastructureWeek.org offers events, graphics for tweets, affiliates to contact, ways to get your opinion noticed.
It's easy. Do it. Stop being such a loser.