Column: Nation's infrastructure requires attention, investment

10/15/2010 | Center for American Progress

"More than 26%, or one in four, of the nation's bridges are either structurally deficient or functionally obsolete," according to the American Society of Civil Engineers. America can afford to invest in infrastructure, writes Eric Alterman. What the country can't afford is to defer investment much longer, he writes. "You run a deficit both when you borrow money and when you defer maintenance that needs to be done," said Lawrence Summers, economic adviser to President Barack Obama. "Either way, you're imposing a cost on future generations."

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