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How do we eliminate the paradox of poverty & privation amid plenty & abundance?

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Author Topic: How do we eliminate the paradox of poverty & privation amid plenty & abundance?  (Read 6486 times)
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« Reply #40 on: January 25, 2011, 01:32:26 pm »

http://www.prisonplanet.com/everything-is-falling-apart-20-facts-that-you-will-not-want-to-read-if-you-still-want-to-feel-good-about-america%e2%80%99s-decaying-infrastructure.html

Everything Is Falling Apart: America’s Decaying Infrastructure

The Economic Collapse
Jan 5, 2011

If you haven’t noticed lately, America is literally falling apart all around us. Decaying infrastructure is everywhere. Our roads and bridges are crumbling and are full of holes. Our rail system is ancient. Our airports and runways have definitely seen their better days. Aging sewer systems all over the country are leaking raw sewage all over the place. The power grid is straining to keep up with the ever-increasing thirst of the American people for electricity. Dams are failing at an unprecedented rate. Virtually all of our ports are handling far more traffic than they were ever intended to handle. Meanwhile, our national spending on infrastructure is way down. Back during the 1950s and 1960s we were spending between 3 and 4 percent of our national GDP on infrastructure, but today we are spending less than 2.5 percent of our national GDP on it. According to the American Society of Civil Engineers, we need to spend approximately $2.2 trillion on infrastructure repairs and upgrades just to bring our existing infrastructure up to “good condition”.

Does anyone have an extra $2.2 trillion to spare?

If you get the feeling that America is decaying as you drive around this great country of ours, it is not just your imagination. It is literally happening.

You should not read the list of facts below if you want to keep feeling good about the condition of America’s infrastructure. There really is no way to sugar-coat what is happening. Previous generations handed us the greatest national infrastructure that anyone in the world has ever seen and we have neglected it and have allowed it to badly deteriorate.

This first set of facts about America’s decaying infrastructure was compiled from a fact sheet entitled “The Case For U.S. Infrastructure Investment” [.pdf] by an organization called Building America’s Future….

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"For the first years of [Ludwig von] Mises’s life in the United States...he was almost totally dependent on annual research grants from the Rockefeller Foundation.” -- Richard M. Ebeling

http://forum.prisonplanet.com/index.php?topic=162212.0
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