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ASCE says failure to invest in roads and bridges could mean $3 trillion hit to GDP

GasBuddy Blog -- The American Society of Civil Engineers has a stark warning for motorists and politicians: failing to invest enough into roads and bridges could mean a massive $3 trillion hit to gross domestic product by 2020.

ASCE’s Failure to Act economic report series shows the economic consequences of continued underinvestment in our nation’s infrastructure, and the economic gains that could be made by 2020 in terms of GDP, personal disposable income, exports, and jobs if we choose as a country to invest in our communities.

The culminating report was released on January 15, 2013 and presents an overall picture of the economic opportunity associated with infrastructure investment and the cost of failing to fill the investment gap.

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Submitted Jan 15, 2013 By: PD

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honda0105 Champion Author Tallahassee Posts:18,632 Points:1,610,495 Joined:Nov 2008	Message Posted: Jan 18, 2013 9:09:49 PM Ignore honda0105 Report Abuse I have to ask... where is all the money that's supposed to be collected via gas taxes to help maintain the roads? Use it for that and there's no reason for infrastructure to be in such state of disrepair.
HawaiianGuy Champion Author Idaho Posts:9,533 Points:3,080,675 Joined:May 2003	Message Posted: Jan 17, 2013 4:11:57 AM Ignore HawaiianGuy Report Abuse Hey, just hike taxes. Anyone who thinks Obama's "soak the rich" mentality is only for "them" is deceiving themselves. "Government big enough to give you everything is powerful enough to TAKE AWAY everything". In the end, WE will be the ones getting taken for a ride....not to mention our grandchildren.
SkooterG Champion Author Phoenix Posts:1,359 Points:329,335 Joined:May 2012	Message Posted: Jan 17, 2013 12:17:26 AM Ignore SkooterG Report Abuse Yet another critical area where our government is failing us. We are Rome, and we are crumbling.
tutaw Champion Author Kentucky Posts:3,606 Points:843,720 Joined:Sep 2008	Message Posted: Jan 16, 2013 1:07:25 PM Ignore tutaw Report Abuse NOT GOOD
GryphonX Champion Author Nevada Posts:6,105 Points:1,589,075 Joined:Nov 2007	Message Posted: Jan 16, 2013 12:40:26 PM Ignore GryphonX Report Abuse Good example - California should be ASHAMED of its roads ...
gaskater Champion Author California Posts:5,255 Points:1,044,770 Joined:Jul 2008	Message Posted: Jan 16, 2013 12:30:31 PM Ignore gaskater Report Abuse INVESTMENT???
Holly123 Champion Author Charlotte Posts:3,207 Points:791,185 Joined:Dec 2010	Message Posted: Jan 16, 2013 12:02:03 PM Ignore Holly123 Report Abuse ZzzzzzZ ....
hibsaw Champion Author Mississippi Posts:8,047 Points:1,682,940 Joined:Feb 2008	Message Posted: Jan 16, 2013 11:42:09 AM Ignore hibsaw Report Abuse They should know.
pliskin Champion Author Syracuse Posts:6,090 Points:1,733,830 Joined:Apr 2005	Message Posted: Jan 16, 2013 11:37:07 AM Ignore pliskin Report Abuse This shouldn't come as a surprise to anyone!
goinwgas All-Star Author Oregon Posts:878 Points:234,300 Joined:Jun 2012	Message Posted: Jan 16, 2013 11:31:02 AM Ignore goinwgas Report Abuse no surprise
73amx Champion Author Allentown Posts:1,178 Points:460,740 Joined:Sep 2011	Message Posted: Jan 16, 2013 11:30:33 AM Ignore 73amx Report Abuse old news
pulpwood Champion Author Mississippi Posts:7,379 Points:1,859,605 Joined:Sep 2006	Message Posted: Jan 16, 2013 11:28:30 AM Ignore pulpwood Report Abuse they have known this for years.
joezIN Champion Author Gary Posts:1,663 Points:331,810 Joined:May 2011	Message Posted: Jan 16, 2013 11:27:57 AM Ignore joezIN Report Abuse bad
Tralp All-Star Author North Carolina Posts:812 Points:191,670 Joined:Oct 2012	Message Posted: Jan 16, 2013 11:25:12 AM Ignore Tralp Report Abuse ok
jnseyeongas All-Star Author Milwaukee Posts:760 Points:595,885 Joined:Feb 2011	Message Posted: Jan 16, 2013 11:23:51 AM Ignore jnseyeongas Report Abuse Like so many homes, the government takes money budgeted for one thing and diverts it to something else
Samo1961 Champion Author Los Angeles Posts:1,900 Points:621,650 Joined:Feb 2011	Message Posted: Jan 16, 2013 11:22:39 AM Ignore Samo1961 Report Abuse I take 60 freeway in L.A. to work, and the condition of this freeway is probably no better than some third world country road, where in the name of God is all the tax money they collect on gas, what is happening to this country, where are our priorities??
tomok Champion Author Portland Posts:33,047 Points:2,346,485 Joined:Aug 2006	Message Posted: Jan 16, 2013 11:22:23 AM Ignore tomok Report Abuse ASCE says failure to invest in roads and bridges could mean $3 trillion hit to GDP! It is much better to fix the roads and bridges as needed than to wait and have it cost more and more. It will provide much needed jobs that Sneeky cannot provide and faster travel for the motoring public and for the transportation of the nations goods and services. Just make sure the fuel taxes that are collected are used for the repair or replacement of roads and bridges only and not placed in the state's general fund for other uses. Whatever the size or shape of the vehicle, vehicle manufactures Produce and the population ‘Drives’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. The price of fuel at the pump is too high! XII/XXII/MMXII! - The Day After......
yonasb Champion Author Houston Posts:3,463 Points:739,125 Joined:Apr 2011	Message Posted: Jan 16, 2013 11:22:09 AM Ignore yonasb Report Abuse Wow that is huge
Canucktree Champion Author Alberta Posts:4,901 Points:1,021,600 Joined:Dec 2008	Message Posted: Jan 16, 2013 11:21:38 AM Ignore Canucktree Report Abuse Aaag, it's only seven years away!
ricebike Champion Author New Jersey Posts:10,037 Points:1,857,570 Joined:Oct 2005	Message Posted: Jan 16, 2013 11:20:23 AM Ignore ricebike Report Abuse wow
flatrock14 Champion Author Michigan Posts:2,655 Points:777,755 Joined:Oct 2010	Message Posted: Jan 16, 2013 11:20:18 AM Ignore flatrock14 Report Abuse not surprised
jppezz Champion Author New Mexico Posts:8,596 Points:1,693,535 Joined:Jun 2008	Message Posted: Jan 16, 2013 11:20:02 AM Ignore jppezz Report Abuse Obamanomics at work.
meg1561 All-Star Author Columbus Posts:720 Points:129,220 Joined:Jul 2011	Message Posted: Jan 16, 2013 11:20:02 AM Ignore meg1561 Report Abuse Needed attention long ago.
macike All-Star Author South Dakota Posts:693 Points:164,060 Joined:Feb 2012	Message Posted: Jan 16, 2013 11:13:25 AM Ignore macike Report Abuse I thought Obama already spent a trillion bucks on roads and bridges
rtw777 Champion Author Florida Posts:9,401 Points:1,842,970 Joined:Jan 2008	Message Posted: Jan 16, 2013 11:12:28 AM Ignore rtw777 Report Abuse Think about all the taxes on gas and tires and then wonder where all the money goes.
BeaconLite Champion Author Ottawa Posts:1,948 Points:371,225 Joined:Sep 2009	Message Posted: Jan 16, 2013 11:11:23 AM Ignore BeaconLite Report Abuse I agree with DeeLa.
scottriedel Sophomore Author Tennessee Posts:202 Points:360,080 Joined:Dec 2011	Message Posted: Jan 16, 2013 11:10:37 AM Ignore scottriedel Report Abuse I have let little things go on my house, now I have a bundle to spend...same concept. Let's put the money where it was INTENDED to go when it was collected...
DeeLA Champion Author Los Angeles Posts:4,823 Points:1,366,305 Joined:Nov 2008	Message Posted: Jan 16, 2013 11:09:54 AM Ignore DeeLA Report Abuse This is where gasoline taxes are supposed to be used.
MDTDriver Champion Author California Posts:9,734 Points:2,156,595 Joined:Jul 2006	Message Posted: Jan 16, 2013 11:06:53 AM Ignore MDTDriver Report Abuse Government funding to what the want to not what they should do.
peapaw Champion Author Ohio Posts:4,046 Points:689,745 Joined:Jun 2011	Message Posted: Jan 16, 2013 11:06:19 AM Ignore peapaw Report Abuse Sad.
TTM77 Champion Author Maryland Posts:2,136 Points:1,211,945 Joined:Apr 2005	Message Posted: Jan 16, 2013 11:06:07 AM Ignore TTM77 Report Abuse the money suppose to go into them is going elsewhere.
DanMtz Champion Author Oakland Posts:3,360 Points:1,244,300 Joined:Oct 2009	Message Posted: Jan 16, 2013 11:00:08 AM Ignore DanMtz Report Abuse Can't pay for roads, too busy funding wars.
marsbars Champion Author Alaska Posts:2,658 Points:1,179,820 Joined:Sep 2006	Message Posted: Jan 16, 2013 10:59:31 AM Ignore marsbars Report Abuse Maybe the government should stop misappropriating funds and use what is supposed to be used for roads and bridges.
oldiesman Champion Author New York Posts:6,437 Points:2,195,760 Joined:May 2006	Message Posted: Jan 16, 2013 10:57:27 AM Ignore oldiesman Report Abuse Country going to the dogs!
camaro_man Champion Author Kitchener-Waterloo Posts:2,237 Points:612,020 Joined:Jun 2010	Message Posted: Jan 16, 2013 10:56:38 AM Ignore camaro_man Report Abuse time for new stories....
TRAIN RIDER Champion Author San Bernardino Posts:9,087 Points:2,758,795 Joined:Oct 2004	Message Posted: Jan 16, 2013 10:55:59 AM Ignore TRAIN RIDER Report Abuse Old news.
BigBearHug Champion Author Amarillo Posts:2,224 Points:489,005 Joined:Dec 2011	Message Posted: Jan 16, 2013 10:55:57 AM Ignore BigBearHug Report Abuse good
fieldt Champion Author Lansing Posts:3,935 Points:730,475 Joined:Mar 2011	Message Posted: Jan 16, 2013 10:55:50 AM Ignore fieldt Report Abuse No self-interest in this study, eh?
Foxt Champion Author Minnesota Posts:5,265 Points:2,021,305 Joined:Jul 2006	Message Posted: Jan 16, 2013 10:55:46 AM Ignore Foxt Report Abuse Coservation, can't afford extra gas for fun and games, and new vehicles that use a lot less gas if any at all, mean they are collecting a lot less revenues for maintenence.
satrn38mpg Champion Author Raleigh Posts:5,077 Points:1,054,990 Joined:Sep 2009	Message Posted: Jan 16, 2013 10:55:27 AM Ignore satrn38mpg Report Abuse more of the same old story . put it off for a while (not)..
Kawibiker Champion Author Illinois Posts:1,175 Points:205,575 Joined:May 2012	Message Posted: Jan 16, 2013 10:53:52 AM Ignore Kawibiker Report Abuse ok
fulldawg Champion Author Georgia Posts:7,113 Points:951,210 Joined:Jun 2004	Message Posted: Jan 16, 2013 10:53:14 AM Ignore fulldawg Report Abuse There is also a pressing need for tunnels
greenmiles Rookie Author Chicago Posts:3 Points:1,060 Joined:Jan 2013	Message Posted: Jan 16, 2013 10:51:49 AM Ignore greenmiles Report Abuse never ending projects.
ntass1 Champion Author Edmonton Posts:3,800 Points:729,000 Joined:May 2011	Message Posted: Jan 16, 2013 10:50:05 AM Ignore ntass1 Report Abuse OLD NEWS
snarkysmarko Champion Author Baltimore Posts:3,073 Points:689,125 Joined:Nov 2010	Message Posted: Jan 16, 2013 10:49:59 AM Ignore snarkysmarko Report Abuse or spend $4 trillion to fix the infratructure? hmmm...what a dilemma?
wang91554 Champion Author San Jose Posts:3,175 Points:1,202,780 Joined:May 2009	Message Posted: Jan 16, 2013 10:49:16 AM Ignore wang91554 Report Abuse chronic problems don't have quick fixes
rick_evans Champion Author Boston Posts:3,729 Points:1,034,685 Joined:Aug 2005	Message Posted: Jan 16, 2013 10:48:52 AM Ignore rick_evans Report Abuse Pay now or pay more later.
boatmen Champion Author New York Posts:3,085 Points:623,555 Joined:Jan 2011	Message Posted: Jan 16, 2013 10:48:26 AM Ignore boatmen Report Abuse Put Americans Back to work rebuilding infrastructure here in the USA. Instead of financing country's around the world infrastructure.
speedraider Champion Author Orlando Posts:3,678 Points:1,645,870 Joined:Nov 2005	Message Posted: Jan 16, 2013 10:48:15 AM Ignore speedraider Report Abuse never gonna work
rbrowdersr Champion Author Detroit Posts:5,726 Points:1,819,960 Joined:Aug 2006	Message Posted: Jan 16, 2013 10:47:23 AM Ignore rbrowdersr Report Abuse Ongoing problem with no easy fix.