Our infrastructure debacle
October 21, 2010
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The Associated Press reports today on numerous, large-scale infrastructure projects that are being cancelled.
US shuns some big public works projects.
The reporters note that the U.S. now spends less on infrastructure than other industiralized nations including China and Europe. Many of these projects are being blocked by Republican politicians decrying the costs of the projects and the enormous federal deficit. Where were these guardians of the Treasury over the last decade while the Bush crowd was squandering over a trillion dollars for the wars in Iraq and Afghanistan and giving tax breaks to the super rich? All the projects mentioned in this article could have been paid for by the cost of just the Iraq war and unemployment would be a fraction of what it is now.