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American Civils War: Ageing infrastructure to 'cost $3.9 trillion over 10 years'

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America's infrastructure continues its slow but hugely expensive decline.
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The American Society of Civil Engineers (ASCE) has warned that the US will lose 2.5 million jobs and $3.9 trillion in gross domestic product (GDP) over the next 10 years unless it spends a further $1.4 trillion to improve transport, power and water infrastructure.
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Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/

Scott is a former President of Common Ground-NYC (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of articles for (more...)
 

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