Last week, President Obama used his State of the Union speech to address the importance of a robust infrastructure for America. It’s simple: Our country is fighting 21st century global competition with roads, bridges and ports from the early to mid-20th century and pipes and rail lines from the 19th century. It’s one reason the American Society of Civil Engineers graded the US a “D” on its infrastructure and why our country now ranks 25 out of 139 countries in its quality of infrastructure – a drop in years past and a dubious distinction that inspires little confidence.

To read the rest of this article, visit CNBC’s site here.

Comments