Infrastructure neglect and it's costs in one graph

[sinkingfeeling]

http://www.ritholtz.com/blog/2011/10/rough-road-ahead/


The nation’s deteriorating surface transportation infrastructure will cost the American economy more than 870,000 jobs, and increase transportation costs by $430 billion by 2020.

[BlueIris]

1. Nice. Thanks for this perspective. nt

[Harmony Blue]

2. This is where Cain's 9-9-9 "plan"

falls apart.

What really disturbs me is all these talking heads on CNBC that discount infrastructure and the increase of the tax system. But then you have CEO's of these brick and mortar companies make appearances and EXPLICITLY state that they choose to locate their businesses near areas with GOOD infrastructure. CNBC is now dominated by hedge fund managers who don't understand the importance of taxation in keeping infrastructure in good shape.

[LiberalFighter]

3. What is the cost of those using those infrastructures that are crumbling?

I mean the toll it takes on the vehicles.