Read more
The American Society of Civil Engineers 2016 economic study (Failure to Act: Closing the Infrastructure Investment Gap for America's Economic Future) predicted that America's infrastructure investment gap was $3.9 trillion in losses to the U.S. GDP by 2025. Further, it found a gap of $7 trillion in lost business sales by 2025. Moreover, it predicted that, due to this infrastructure gap, lost American jobs in 2025 would total 2.5 million. On top of those costs, hardworking American families will lose upwards of $3,400 in disposable income each year - about $9 each day. Infrastructure includes government projects (highways, airports, ports, water systems, sewer system, Mass transit, etc.). Private infrastructure (electric grid, internet) is also severely underfunded and generally unregulated.
About the author
Author of twenty books and hundreds of professional articles, Arthur L. Finkle teaches on the graduate and undergraduate faculty of Kean University. He is a member of Phi Beta Kappa, the Rotary Club, and Trenton-Princeton-Bucks Jewish Historical Society and the Greater Jewish Cemetery Project.
