from OurFuture.org:
Orders of MagnitudeBy Eric Lotke
June 10th, 2008 - 9:52pm ET
--------------------------------------------------------------------------------
I had the privilege Tuesday morning of attending a hearing by Rep. James Oberstar, D-Minn., the chairman of the House Transportation and Infrastructure Committee, on the issue of America’s decaying infrastructure. It was an important hearing and everyone said the right things.
If that sounds encouraging, keep the good mood for a moment. Soon you’ll get to the “but.”
The people at the hearing all understood the problem. America is falling apart. Representatives and experts talked about our congested highways and collapsing bridges. They talked about bursting steam pipes and overflowing sewerage. They cited the American Society of Architects and Engineers’ conclusion that $1.6 trillion is needed to bring the nation's infrastructure to “good” condition. That’s just “good,” not excellent. They noted that our competitors in Asia spend five times as much on infrastructure as the U.S. as a percent of gross domestic product.
Most speakers credited historical America with great achievements – transcontinental railways, the interstate highway system, the Erie Canal – and they recognized the role that government played in those accomplishments. Our U.S. government recognized the need, provided the funding and organized the construction.
The ranking Republican, Rep. John Mica, R-Fla., recognized needs in excess of a trillion dollars. He went out of his way to praise conservative president Dwight Eisenhower, who proposed the interstate highway system in 1954 – conceiving a half-trillion dollar project at a time when the entire federal budget was $78 billion. He lamented that today’s conservatives aren’t equal to a challenge of that magnitude.
Not only did they see the magnitude of the problem, they spoke creatively about solutions. Proposals on the table ranged from public-private infrastructure banks to a National Development Infrastructure Corporation. Proposals were diverse and well-constructed.
Now the “but.” Having recognized the scale of the problem, the solutions barely nibbled around the edges. Connecticut Rep. Rosa DeLauro, a main mover, has championed a bill that proposes $9 billion over three years, or $3 billion per year. The main bill on the Senate side proposes $60 billion over 10 years, or $6 billion per year. ......(more)
The complete piece is at:
http://www.ourfuture.org/blog-entry/orders-magnitude