LOL....the American taxpayer is taken to the cleaners for infrastructure spending... Get ready for a surprise. According to OECD statistics, the United States spends 3.3 percent of its GDP (2006-2011) on infrastructure investment versus the European Union’s 3.1 percent. With roughly equal GDPs, the United States actually outspends the Europe Union – our model of infrastructure perfection. If we spend as much or more than the European Union on infrastructure, we should have better or equal results. In both the United States and Europe, public investment and procurement are political processes characterized by waste, politics and corruption. If we get less bang per buck from our infrastructure dollar than do our European colleagues, our problem would be not too few dollars but too much waste and corruption. forbes/sites/paulroderickgregory/2013/04/01/infrastructure-gap-look-at-the-facts-we-spend-more-than-europe/
Posted on: Tue, 13 May 2014 20:50:51 +0000
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