- January 2010 Vol. 3 No. 1

To read this full article you need to be subscribed to Institutional Investing in Infrastructure

Investing for America’s Future

by Rep. Rosa DeLauro

If it is true that a civilization is measured by the quality of its roads, then we soon face a reckoning. From the Erie Canal and the Transcontinental Railroad to the New Deal, the Federal Highway Act and the Internet, the chapters of our American success story have always been written in stone and mortar, iron and steel, granite and fiber-optic cable. And if we continue to perilously ignore our infrastructure base, we risk a day — not so long in the future — when America will wake up to find itself a second-rate economic power.

Simply put, our public infrastructure is falling apart. It can barely accommodate our current transportation, health, telecommunications and energy needs, let alone the growing demands of future generations. The American Society of Civil Engineers estimates that we need to spend $2.2 trillion during the next five years just to bring our infrastructure up to an adequate condition. And according to the Texas Transportation Institute, traffic congest

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy