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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Leadership

Both Republicans and Democrats Want More Infrastructure Spending Now

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August 9, 2016, 9:07 AM ET
Photograph by Boston Globe via Getty Images
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Nearly half of registered U.S. voters think American infrastructure has deteriorated in the last five years, a national poll released on Tuesday found, with Republicans taking the dimmer view.

While the poll showed that a bipartisan majority believes more infrastructure funding would positively affect the economy, those surveyed held different views on the nation’s recent infrastructure changes.

Forty-one percent of Democrats said infrastructure has gotten worse over the last five years, while 53% of Republicans took that view.

Trump’s Enormous Infrastructure Plan May Solve the Democrats’ Biggest Problem

Republican voters tend to be older and male, and Democratic voters younger and more diverse, said Kip Eideberg, vice president of public affairs and advocacy for the Association of Equipment Manufacturers, which commissioned the poll.

“The older voters tend to be more pessimistic and they tend to have a view that it was a lot better in the past, whereas younger voters tend to be more optimistic,” Eideberg told Reuters.

 

The poll surveyed 1,975 registered voters between June 17-20. It had a margin of error of plus or minus 2 percentage points.

Concern for infrastructure, however, varies among generations. Seventy-three percent of those 65 and older rated U.S. roads poor to fair, compared with 55% of 18-34 year-olds, it said.

When asked about innovation, millennials placed more importance on vertical farms for producing vegetables in urban areas, self-driving cars and drones, the report said. Older voters felt most strongly about “smarter infrastructure.”

Between 80 and 90% of those surveyed said roads, bridges and energy grids are in “some or extreme need of repairs.”

More than 70% of respondents thought federal, local and state governments should be doing additional work to improve infrastructure across the nation.

Eyeing China, India Pours Billions into New Shipping Facilities

Roads are “top-of-mind” to registered voters—regardless of political affiliation, the poll said. It noted that voters also believe bridges, railways, dams and water pipelines also require repairs.

While the report shows bipartisan support for increased infrastructure funding, a May report from the American Society of Civil Engineers said the United States will fall $1.44 trillion short of what it needs to spend on infrastructure through the next decade.

The ASCE also estimated that while the nation needs to spend $3.32 trillion to keep its ports, highways, bridges, trains, water and electric facilities up to date, it has funded only $1.88 trillion of that.

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