Thursday, March 13, 2014

Infrastructure Costs in America are Too Damn High

The US spends too much and gets too little for its infrastructure dollars. Infrastructure costs in the US are an order of magnitude higher than in Spain. The UK, which is also considered a place with high infrastructure costs, still clocks in at half the US price.

We have a poor process, poor public oversight levels, and a culture of infrastructure building that is poorly serving the people of the United States. This is not something that is going to get fixed overnight but the fix has to start being implemented soon. We need to ask the question what a decent infrastructure process would look like. We need to know what are the tools we need to keep costs in check and ensure we get quality infrastructure out of the process. And we need to figure out how to do this with a reduced amount of time invested compared to the dysfunctional system that we have today.