THE U.S. CRUMBLING INFRASTRUCTURE

Today, the U.S. spends less than 2 percent of its GDP on infrastructure, less than at any point in the last twenty years. Meanwhile, Europe spends close to twice the U.S. rate, and China spends close to four times the U.S. rate.  The World Economic Forum’s Global Competitiveness Report now ranks the U.S. overall infrastructure at 12th in the world – down from 7th place just a decade ago.