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Subject: [IP] infrastructure problems
We need leadership the likes of FDR and we have ... Dave Begin forwarded message: From: "Steven M. Bellovin" <smb@cs.columbia.edu> Date: September 11, 2005 9:20:33 AM EDT To: dave@farber.net Subject: infrastructure problems There's an article in today's NY Times that analyzes the root of the problems caused by Katrina: we're not spending nearly enough money on infrastructure. For example, the American Society of Civil Engineers says that we need to spend $1.6 trillion over the next five years to prevent further deterioriation; planning calls for spending $900 billion. That in turn leads to interesting decisions. For example, do you fund all projects at a low -- and inefficient -- level, or do you postpone some while finishing others? How much should we spend on infrastructure? In the Eisenhower through Johnson years, when the interstate highways were being built, it was about 3% of GDP. It's now just below 2%, but in the 1980s and 1990s it was considerably less than that. It's also important to realize that there are consequences. 13,000 fatalities a year are attributed to inadequate highway maintenance -- far more people than were killed by Katrina, though obviously without the massive property damage.The full article is at http://www.nytimes.com/2005/09/11/business/ 11disaster.html
--Steven M. Bellovin, http://www.cs.columbia.edu/~smb
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