The American Society of Civil Engineers (ASCE), released their report card for the state of America’s infrastructure, and gave it a grade of C-. This is the best grade yet handed out by the ASCE since the report cards have been produced going back to 1998. However, despite the slight improvement from the last report card of 2017, there still remains much work ahead. Expected costs will differ between various groups, but needless to say, in order for the US to earn a grade of B+/A- will take trillions of dollars. It may be prudent for Congress to actually pass some significant legislation on this matter in order to take advantage of near record low interest rates.
The nation’s infrastructure has been neglected for too long and quite frankly is an embarrassment for a country of our wealth. If done properly, such legislation can prove advantageous and serve as a true investment in the future of this country. We are in the 21st century and we need coast to coast infrastructure that meets and exceeds our needs. If this is not done properly, or at all, then this will serve as further evidence that our country is in decline and decaying. There are 17 categories that the ASCE reviews and the best grades were that of a B and B- for rail and ports, respectively. The next report card will be released in 2025. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Infrastructure #Jobs #Debt #Liberty #USA #Inflation #Gold #Silver #Spending #Markets