NOTICE:
From any post click the photo across the page top to see the entire blog.
JAMES' PERSONAL WRITINGS: SLOVING
JAMES' MOST STRATEGIC POSTS: *****
MUCH OF MY POSTING WAS ON FACEBOOK: STARTLOVING1

12.02.2013

Robert Reich: We don’t know yet why a Metro-North train derailed yesterday in the Bronx, however... we do know....

We don’t know yet why a Metro-North train derailed yesterday in the Bronx, killing four people and injuring more than 60. The driver may have been at fault. But it’s worth noting that last May, a Metro-North train derailed in Connecticut after being struck by another train, injuring 73. And a study released last summer by the National Society of Civil Engineers pointed out the sorry state of the nation’s rail system, where deferred maintenance and congestion are costing the U.S. economy about $200 billion a year, or 1.6% of economic output. The rest of the nation’s transportation infrastructure is not much better: 1 in 9 of the country's bridges are structurally deficient; our roads are crumbling; and of the 84,000 dams in the U.S., 14,000 are considered "high hazard.” While other nations are building transportation systems for the future, Congress won’t modernize our outmoded one – even though borrowing costs for the U.S. are near historic lows, the investment would spur growth and productivity, and millions of jobless Americans could benefit directly and indirectly from the work that would result.

No comments:

Post a Comment