Thursday, June 9, 2011

Two Trillion Dollars

"The nation will need to invest an estimated $2 trillion just to rebuild deteriorating networks and more money to expand or at least maintain infrastructure that encompasses roads and bridges as well as water lines, sewage treatment plants, and dams."

—From the Urban Land Institute report on Infrastructure
(Courtesy of the Utah Transportation Report

It feels like the United States has gotten old, and become a 'developed nation' like western Europe. A lot of the East Coast was already that way (creaky infrastructure, high taxes) but now California seems to be making the transition. Texas, the new 'young buck', doesn't have the liabilities of old infrastructure, and so doesn't get it. Funny how certain things are scale indeterminant--states follow the exact pattern of cities in a metropolitan area.

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