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Fork in the Road

FORK IN THE ROAD ASCE Investments in Infrastructure Necessary to Secure America's Future AMERICA'S ROADS, BRIDGES AND TRANSIT SYSTEMS ARE DETERIORATING. Unless we move aggressively to invest in our infrastructure, America's families, businesses and global competitiveness will suffer. WITHOUT ADEQUATE INVESTMENT IN INFRASTRUCTURE, by 2020 American families would earn on average $700 a year less and be forced to spend $360 more on transportation and repairs. Total impact on the family budget: $1,060 per year. BY 2020, WE'LL SPEND TRIPLE the amount of time stuck in traffic. BUSINESSES WILL PAY A PRICE TOO. WE'D HAVE 877,000 FEWER JOBS, and another 234,000 would exist only if many more people took pay cuts. Without infrastructure Between now and 2020, we'll spend $430 billion more for transportation. Productivity would go down, leading businesses to underperform by $240 billion. investment, we'll see a significant shift from high-skill jobs to low-skill jobs – and lower wages. EXPORTS OF NEARLY EVERY KIND WILL DROP, costing us $28 billion. America's gross domestic product would be $897 billion less than expected. That's almost $2,600 in GDP for every man, woman and child in the country. THERE IS, HOWEVER, A DIFFERENT ROAD WE CAN TRAVEL. An investment in infrastructure will protect families, businesses, our competitiveness – and create jobs. ROAD WORK AHEAD AN ADDITIONAL INVESTMENT OF $94 BILLION PER YEAR WILL CREATE millions of new jobs, protect over a million existing high-skill jobs and save Americans nearly 2 billion hours of travel time each year. MOST IMPORTANT, IT WILL IMPROVE EACH AMERICAN FAMILY'S BUDGET by an average of $1,060 each year, make businesses more productive and add approximately $2,600 in GDP to our economy for every man, woman and child in the country. THAT'S WHAT WE CALL RETURN ON INVESTMENT Source: American Society of Civil Engineers FORK IN THE ROAD ASCE Investments in Infrastructure Necessary to Secure America's Future AMERICA'S ROADS, BRIDGES AND TRANSIT SYSTEMS ARE DETERIORATING. Unless we move aggressively to invest in our infrastructure, America's families, businesses and global competitiveness will suffer. WITHOUT ADEQUATE INVESTMENT IN INFRASTRUCTURE, by 2020 American families would earn on average $700 a year less and be forced to spend $360 more on transportation and repairs. Total impact on the family budget: $1,060 per year. BY 2020, WE'LL SPEND TRIPLE the amount of time stuck in traffic. BUSINESSES WILL PAY A PRICE TOO. WE'D HAVE 877,000 FEWER JOBS, and another 234,000 would exist only if many more people took pay cuts. Without infrastructure Between now and 2020, we'll spend $430 billion more for transportation. Productivity would go down, leading businesses to underperform by $240 billion. investment, we'll see a significant shift from high-skill jobs to low-skill jobs – and lower wages. EXPORTS OF NEARLY EVERY KIND WILL DROP, costing us $28 billion. America's gross domestic product would be $897 billion less than expected. That's almost $2,600 in GDP for every man, woman and child in the country. THERE IS, HOWEVER, A DIFFERENT ROAD WE CAN TRAVEL. An investment in infrastructure will protect families, businesses, our competitiveness – and create jobs. ROAD WORK AHEAD AN ADDITIONAL INVESTMENT OF $94 BILLION PER YEAR WILL CREATE millions of new jobs, protect over a million existing high-skill jobs and save Americans nearly 2 billion hours of travel time each year. MOST IMPORTANT, IT WILL IMPROVE EACH AMERICAN FAMILY'S BUDGET by an average of $1,060 each year, make businesses more productive and add approximately $2,600 in GDP to our economy for every man, woman and child in the country. THAT'S WHAT WE CALL RETURN ON INVESTMENT Source: American Society of Civil Engineers FORK IN THE ROAD ASCE Investments in Infrastructure Necessary to Secure America's Future AMERICA'S ROADS, BRIDGES AND TRANSIT SYSTEMS ARE DETERIORATING. Unless we move aggressively to invest in our infrastructure, America's families, businesses and global competitiveness will suffer. WITHOUT ADEQUATE INVESTMENT IN INFRASTRUCTURE, by 2020 American families would earn on average $700 a year less and be forced to spend $360 more on transportation and repairs. Total impact on the family budget: $1,060 per year. BY 2020, WE'LL SPEND TRIPLE the amount of time stuck in traffic. BUSINESSES WILL PAY A PRICE TOO. WE'D HAVE 877,000 FEWER JOBS, and another 234,000 would exist only if many more people took pay cuts. Without infrastructure Between now and 2020, we'll spend $430 billion more for transportation. Productivity would go down, leading businesses to underperform by $240 billion. investment, we'll see a significant shift from high-skill jobs to low-skill jobs – and lower wages. EXPORTS OF NEARLY EVERY KIND WILL DROP, costing us $28 billion. America's gross domestic product would be $897 billion less than expected. That's almost $2,600 in GDP for every man, woman and child in the country. THERE IS, HOWEVER, A DIFFERENT ROAD WE CAN TRAVEL. An investment in infrastructure will protect families, businesses, our competitiveness – and create jobs. ROAD WORK AHEAD AN ADDITIONAL INVESTMENT OF $94 BILLION PER YEAR WILL CREATE millions of new jobs, protect over a million existing high-skill jobs and save Americans nearly 2 billion hours of travel time each year. MOST IMPORTANT, IT WILL IMPROVE EACH AMERICAN FAMILY'S BUDGET by an average of $1,060 each year, make businesses more productive and add approximately $2,600 in GDP to our economy for every man, woman and child in the country. THAT'S WHAT WE CALL RETURN ON INVESTMENT Source: American Society of Civil Engineers FORK IN THE ROAD ASCE Investments in Infrastructure Necessary to Secure America's Future AMERICA'S ROADS, BRIDGES AND TRANSIT SYSTEMS ARE DETERIORATING. Unless we move aggressively to invest in our infrastructure, America's families, businesses and global competitiveness will suffer. WITHOUT ADEQUATE INVESTMENT IN INFRASTRUCTURE, by 2020 American families would earn on average $700 a year less and be forced to spend $360 more on transportation and repairs. Total impact on the family budget: $1,060 per year. BY 2020, WE'LL SPEND TRIPLE the amount of time stuck in traffic. BUSINESSES WILL PAY A PRICE TOO. WE'D HAVE 877,000 FEWER JOBS, and another 234,000 would exist only if many more people took pay cuts. Without infrastructure Between now and 2020, we'll spend $430 billion more for transportation. Productivity would go down, leading businesses to underperform by $240 billion. investment, we'll see a significant shift from high-skill jobs to low-skill jobs – and lower wages. EXPORTS OF NEARLY EVERY KIND WILL DROP, costing us $28 billion. America's gross domestic product would be $897 billion less than expected. That's almost $2,600 in GDP for every man, woman and child in the country. THERE IS, HOWEVER, A DIFFERENT ROAD WE CAN TRAVEL. An investment in infrastructure will protect families, businesses, our competitiveness – and create jobs. ROAD WORK AHEAD AN ADDITIONAL INVESTMENT OF $94 BILLION PER YEAR WILL CREATE millions of new jobs, protect over a million existing high-skill jobs and save Americans nearly 2 billion hours of travel time each year. MOST IMPORTANT, IT WILL IMPROVE EACH AMERICAN FAMILY'S BUDGET by an average of $1,060 each year, make businesses more productive and add approximately $2,600 in GDP to our economy for every man, woman and child in the country. THAT'S WHAT WE CALL RETURN ON INVESTMENT Source: American Society of Civil Engineers FORK IN THE ROAD ASCE Investments in Infrastructure Necessary to Secure America's Future AMERICA'S ROADS, BRIDGES AND TRANSIT SYSTEMS ARE DETERIORATING. Unless we move aggressively to invest in our infrastructure, America's families, businesses and global competitiveness will suffer. WITHOUT ADEQUATE INVESTMENT IN INFRASTRUCTURE, by 2020 American families would earn on average $700 a year less and be forced to spend $360 more on transportation and repairs. Total impact on the family budget: $1,060 per year. BY 2020, WE'LL SPEND TRIPLE the amount of time stuck in traffic. BUSINESSES WILL PAY A PRICE TOO. WE'D HAVE 877,000 FEWER JOBS, and another 234,000 would exist only if many more people took pay cuts. Without infrastructure Between now and 2020, we'll spend $430 billion more for transportation. Productivity would go down, leading businesses to underperform by $240 billion. investment, we'll see a significant shift from high-skill jobs to low-skill jobs – and lower wages. EXPORTS OF NEARLY EVERY KIND WILL DROP, costing us $28 billion. America's gross domestic product would be $897 billion less than expected. That's almost $2,600 in GDP for every man, woman and child in the country. THERE IS, HOWEVER, A DIFFERENT ROAD WE CAN TRAVEL. An investment in infrastructure will protect families, businesses, our competitiveness – and create jobs. ROAD WORK AHEAD AN ADDITIONAL INVESTMENT OF $94 BILLION PER YEAR WILL CREATE millions of new jobs, protect over a million existing high-skill jobs and save Americans nearly 2 billion hours of travel time each year. MOST IMPORTANT, IT WILL IMPROVE EACH AMERICAN FAMILY'S BUDGET by an average of $1,060 each year, make businesses more productive and add approximately $2,600 in GDP to our economy for every man, woman and child in the country. THAT'S WHAT WE CALL RETURN ON INVESTMENT Source: American Society of Civil Engineers

Fork in the Road

shared by rmmojado on Dec 28
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The nation’s deteriorating surface transportation infrastructure will cost the American economy more than 870,000 jobs, and increase transportation costs by $430 billion by 2020.

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Economy
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