If you believe the civil engineers, then on top of current planned expenditures, the U.S. needs an additional $5.2 trillion in investment into the nation’s roads, water systems, electric grids, ports & waterways, and airports between now and 2040. While such investments may be imperative, the ability of the government to meet these obligations is questionable. Consider their sheer size. While the expenditures would occur over more than 20 years, in total they are equivalent to the total federal, state and local government expenditures in 2016, which was $5.3 trillion. Therefore, the necessary expenditures are not an insignificant burden.
- St. Peter to upgrade electric, water meters
- Trump’s refreshingly sound infrastructure plan is likely DOA