Once upon a time nobody on the entire planet could even come close to matching our infrastructure, but now our crumbling infrastructure has become a joke to much of the rest of the industrialized world. Sadly, this is just another symptom of our long-term economic collapse. We simply are not able to put as much of our money toward infrastructure as previous generations of Americans did, and as a result we have a giant mess on our hands. The following are 11 deeply alarming facts about America's crumbling infrastructure...
- According to the American Road and Transportation Builders Association, nearly 56,000 bridges in the United States are currently "structurally deficient". What makes that number even more chilling is the fact that vehicles cross those bridges a total of 185 million times a day.
- More than one out of every four bridges in the United States is more than 50 years old and "have never had major reconstruction work".
- America does not have a single airport that is considered to be in the top 25 in the world.
- The average age of America's dams is now 52 years.
- Not too long ago, the American Society of Civil Engineers gave the condition of America's dams a "D" grade.
- Overall, the American Society of Civil Engineers said that the condition of America's infrastructure as a whole only gets a "D+" grade.
- Congestion on our highways costs Americans approximately 101 billion dollars a year in wasted fuel and time.
- According to the U.S. Department of Transportation, over two-thirds of our roads are "in dire need of repair or upgrades".
- In order to completely fix all of our roads and bridges, it would take approximately 808 billion dollars.
- Federal spending on infrastructure has decreased by 9 percent over the past decade.
- According to Bloomberg, it is being projected "that by 2025, shortfalls in infrastructure investment will subtract as much as $3.9 trillion from U.S. gross domestic product."
Just ask the residents of Flint, Michigan.
Water pipes, sewer systems and water treatment facilities all over the nation are aging and are in desperate need of repair. Of course the exact same thing could be said about our power grid. It was never intended to handle so many people, and on the hottest days of the summer the strain on the grid is very evident.
And of course the power grid is exceedingly vulnerable to an electromagnetic pulse event, and this is something that I covered in my book on getting prepared. It has been projected that it would only cost a couple billion dollars to harden the grid against an EMP event, but our politicians refuse to spend the money.
Meanwhile, President Trump is completely correct when he says that our airports look like something that you would see in a third world country. Most of our airports are at least several decades old, and they are definitely showing their age.
But things are even worse when you look at other systems of mass transit around the country. While other nations such as Japan and China are investing huge amounts of money into high speed rail, we are doing next to nothing even though what we currently have is absolutely pathetic.
I could go on and talk about our ports, schools, waterways, parks, etc. but I think that you get the point.
President Trump's instincts are right on the money when he says that he wants to spend a trillion dollars on infrastructure. Without a doubt, we desperately need it.
The problem is that we are flat broke.
We are 20 trillion dollars in debt, and we are adding more than a trillion dollars to that total every year.
So where are we going to get the money?
It is easy for liberals to say that we should raise taxes, but how much more are you going to squeeze out of U.S. consumers? Two-thirds of the country is living paycheck to paycheck, and we just learned that U.S. household debt has risen to a grand total of 12.58 trillion dollars.
Once upon a time, America was the wealthiest nation on the entire planet and we could afford to construct bold, new infrastructure projects from sea to shining sea.
But today we have the biggest mountain of debt in the history of the world and we can't even afford to repair what we already have.
When I speak of our long-term economic collapse, this is precisely the sort of thing that I am talking about. We have clearly been in decline for a very long time, and anyone that would suggest otherwise is simply not being honest with you.
Comment: US military budget for 2015 is $585 billion and it is used to fight wars in the countries across the globe without the permission of native population. Can Trump reverse the trend?