America’s Third-World Transportation Infrastructure

The U.S. is going to have serious problems generating wealth for its citizens for the remainder of this century if it can’t effectively deliver goods to markets. The public infrastructure of America’s transportation system is degrading without remediation. The BRIC bloc will soon have so many shiny new airports and railways between them that exporters just won’t be able to stay away. Multinational firms will have no difficulty avoiding the U.S. if we make the choice easy for them by not investing in transportation here at home.

This bad news cries out for a remedy. The administration wasted a golden opportunity to fund a new golden age of mass transit funding. Instead of promoting compact urban cores that favor trains over cars, we blew stimulus dough on median strips and traffic controls.

The rest of the world might laugh at us for our national shortsightedness, but they’re too busy building infrastructure to notice our foibles. We can do better than this as a nation. All we have to do is spend the $2T on infrastructure instead of on middle class entitlements, Wall Street bailouts, and open-ended occupations.

About Anthony Alfidi 128 Articles

Affiliation: Alfidi Capital LLC

Anthony Alfidi is the Founder and CEO of Alfidi Capital. His firm publishes free investment research with honesty and humor.

Mr. Alfidi holds a Bachelor's degree in human resource management from the University of Notre Dame (cum laude) and an MBA in finance from the University of San Francisco. He is a life member of Beta Gamma Sigma, the academic honor society for business majors. He has been a private investor since the 1990s.

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