This Chart Shows How Bad America's Bridge Really Are
http://www.businessinsider.com/goldman-on-american-infrastructure-2015-1
One-quarter of US bridges need to be replaced.
America's infrastructure is super old.
In a note to clients over the weekend, Goldman Sachs economist Alec Phillips takes a look at the state of American infrastructure and the prospects for increasing investment to improve it, and what he finds isn't pretty.
"The quality of infrastructure is generally regarded as a weak point for the US," Phillips writes. "Aging airports, rusting bridges, and crumbling roads generate complaints from visitors and residents alike."
Bridges in particular pose a problem around the country. Phillips writes that of the roughly 600,000 bridges in the US, 25% are classified by the Department of Transportation as "structurally deficient" or "functionally obsolete."
Phillips writes that the "theoretical design life of a bridge is about 50 years," which makes this a particularly damning chart.
Read more:
http://www.businessinsider.com/goldman-on-american-infrastructure-2015-1#ixzz3PGp8JI4h