theatlantic: 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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theatlantic:

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]

87 Notes/ Hide

  1. decause reblogged this from theatlantic
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  3. hermannview reblogged this from theatlantic and added:
    This is interesting because in his speech to the Business Roundtable in March of this year, Obama called for more money...
  4. primuscapio reblogged this from theatlantic
  5. jahnnasbrain reblogged this from theatlantic
  6. pag-asaharibon reblogged this from theatlantic
  7. buddhassecret reblogged this from theatlantic
  8. handsomekilla reblogged this from theatlantic
  9. zeb reblogged this from khuyi
  10. noonday reblogged this from theatlantic
  11. zieberkr reblogged this from theatlantic and added:
    This.
  12. khuyi reblogged this from theatlantic
  13. thehandlemedia reblogged this from theatlantic
  14. evilmidgetfromhell reblogged this from theatlantic
  15. thenelsontwins reblogged this from theatlantic and added:
    WHATEVER! This bridge is totally fine!
  16. anteco reblogged this from theatlantic
  17. ishouldrememberthis reblogged this from theatlantic
  18. logicianmagician reblogged this from theatlantic
  19. 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...
  20. mylittletown2100 reblogged this from theatlantic and added:
    Ah, please don’t insult the psychotics…..
  21. dsouza05 reblogged this from theatlantic and added:
    For the USP kids out there.
  22. polymathlete reblogged this from theatlantic
  23. dsjutah reblogged this from theatlantic
  24. bereniceq reblogged this from theatlantic
  25. mlschmitt reblogged this from theatlantic and added:
    This, this and a thousand times more this.
  26. 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...
  27. majpinata reblogged this from theatlantic and added:
    key point for
  28. innocent-destruction reblogged this from theatlantic
  29. escapism7 reblogged this from theatlantic
  30. patrickbayer reblogged this from theatlantic
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