For years and years, politicians have been kicking the can down the road on infrastructure investment, delaying and deferring updates and repairs that should have been made long ago. The American Society of Civil Engineers issues a “National Report Card” every four years on how we’re doing in terms of infrastructure investment. In our 2017 report card, America got a D+. ASCE estimates that we need to invest up to $2 trillion in our infrastructure.
Failure to act is not an option. If we don’t work to solve this problem now, it will cost us all exponentially more in the long run.
The Coalition for Affordable Infrastructure’s position is simple: if we are going to have to spend a lot of money to fix our infrastructure – and we know that we are definitely going to have to – we ought to be as smart as possible about it.
This is especially necessary because construction costs have risen at an astronomical and unsustainable rate. The Progressive Policy Institute issued a report on the subject last year. The paper’s title speaks for itself: “Soaring Construction Costs Threaten Infrastructure Push.”