10/09/2024

U.S. infrastructure spending has plummeted since 2008

Not surprisingly, the collapse of a bridge along Interstate 5 in Washington state yesterday has revived the long-standing debate over whether Congress should spend more to repair the nation’s aging roads and bridges.

It’s worth being very clear upfront that the I-5 bridge in question wasn’t considered “structurally deficient” in any way — the bridge collapse is being blamed on a truck bumping an overhead girder.  All we do know is that the bridge was sort of old. (Fortunately, no one died or was seriously injured.)

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