We’re not living in 1950, so we need to stop planning our infrastructure like we are.
Unless we start to invest in transportation infrastructure, there will come a time when huge snarls of traffic choke our nation’s economy.
Years of political infighting and not investing holistically will constrict America’s growth potential. And worse, while our transportation system deteriorates and freight delays increase, the rest of the world will have kept investing, especially countries like China, where CEOs including myself gathered last weekend for the APEC CEO Summit.
Quite simply, we can’t allow that to happen. All signs point to increasing transportation costs, coupled with rapidly growing populations worldwide. If we don’t take action now, the results will be disastrous for American businesses and our national economic well-being.