Infrastructure policy affects highways, roads, sewer systems, public schools, and many other structures relied upon by the public. The total spent on construction relative to United States productivity continues to hit new lows. As federal programs face revenue shortfalls and funding priorities shift with election cycles and voting blocs, national attention is necessary to realign this trend.
Public Construction Spending as % of GDP
It’s estimated that one in every nine bridges in the country are structurally deficient and about $76 billion dollars in additional funding is needed to repair the bridges alone. Safety hazards can be mitigated, economic growth spurred, tax revenue increased, and jobs created if action is taken. Restructuring these systems to increase public-private investment partnerships is one of many potential improvements.