June 4, 2012
It’s a Tragedy We’re Not Spending More on Infrastructure

In light of Friday’s shockingly awful jobs report, it should be more apparent than ever just how absolutely, positively psychotic it is that the United States is not spending more money on infrastructure right now.
Public construction spending, including state, federal and local projects, has been on a staggered decline since early 2009.* Yep, even with stimulus funding. In the meantime, the country has more than a million unemployed construction workers sitting around, and their industry just shed 28,000 jobs in May, at least on a seasonally adjusted basis. 
The cruel irony of this situation? There’s never been a better time for us to build.
Read more. [Image: FRED]

It’s a Tragedy We’re Not Spending More on Infrastructure

In light of Friday’s shockingly awful jobs report, it should be more apparent than ever just how absolutely, positively psychotic it is that the United States is not spending more money on infrastructure right now.

Public construction spending, including state, federal and local projects, has been on a staggered decline since early 2009.* Yep, even with stimulus funding. In the meantime, the country has more than a million unemployed construction workers sitting around, and their industry just shed 28,000 jobs in May, at least on a seasonally adjusted basis. 

The cruel irony of this situation? There’s never been a better time for us to build.

Read more. [Image: FRED]

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  10. zieberkr reblogged this from theatlantic and added:
    This.
  11. khuyi reblogged this from theatlantic
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  13. thenelsontwins reblogged this from theatlantic and added:
    WHATEVER! This bridge is totally fine!
  14. anteco reblogged this from theatlantic
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  17. toiling reblogged this from theatlantic and added:
    I don’t understand why this hasn’t become a central part of Obama’s re-election campaign and job-creation strategy. It’s...
  18. mylittletown2100 reblogged this from theatlantic and added:
    Ah, please don’t insult the psychotics…..
  19. dsouza05 reblogged this from theatlantic and added:
    For the USP kids out there.
  20. bitcoitus reblogged this from theatlantic
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  22. bereniceq reblogged this from theatlantic
  23. mlschmitt reblogged this from theatlantic and added:
    This, this and a thousand times more this.
  24. trinibird reblogged this from theatlantic and added:
    we could start with rebuilding the water and sewer utilities across the country…then we could stop spending all this...
  25. majpinata reblogged this from theatlantic and added:
    key point for
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