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Work zone ahead? Repairing the Southeast's infrastructure: the United States, with its vast network of roads, bridges, and water and sewer systems, has a daunting infrastructure to maintain. In the fast-growing Southeast, the challenge extends beyond meeting today's needs to accommodating tomorrow's growth.(Cover story)
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EconSouth
- Article date:
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June 22, 2008
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Copyright informationCOPYRIGHT 2008 www.frbatlanta.org. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Homeowners never get excited over the prospect of replacing a roof or a hot water heater. Nor do businesses welcome replacing broken-down or obsolete equipment. But regardless of whether they dip into their savings or lean on credit, wise homeowners and businesses figure out a way to make an investment that in the long run beats the alternative of doing nothing.
However, when the job is bigger--specifically, maintaining the physical infrastructure of the United States--the decisions about what to do and how to do it can become almost paralyzing. With massive repair bills piling up in the inbox, the nation's infrastructure payment plan is far from settled.
Paved with ...
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