$1,500,000,000,000…Does This Get Your Attention?
Last week the CBS Early Show aired a segment concerning the deteriorating U.S. Infrastructure. ASCE President David Mongan and outspoken NY Engineer “Gridlock Sam” Schwartz contributed to the discussion.
You can see the short video report here:
Yes, you are hearing correctly on the video…an estimated $1,500,000,000,000 ($1.5 trillion) over the next five years will most likely be needed to avoid large-scale disaster. That is referring to repair and maintenance…add on new and expanding infrastructure costs! It seems as though this is a re-occurring issue that is brought up a couple times each year, yet it keeps being brushed aside by other issues.
At least we are in a market where we are needed…but where do we get that kind of money?!?!?! And, how did we get into this situation?!?!?!