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Behinds Quote by Ray LaHood

“Public spending on infrastructure has fallen to its lowest level since 1947. And the U.S., which used to have the finest infrastructure in the world, is now ranked 16th according to the World Economic Forum, behind Iceland, Spain, Portugal and the United Arab Emirates.” quote by Ray LaHood
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“Public spending on infrastructure has fallen to its lowest level since 1947. And the U.S., which used to have the finest infrastructure in the world, is now ranked 16th according to the World Economic Forum, behind Iceland, Spain, Portugal and the United Arab Emirates.”

Ray LaHood

About This Quote

Source Report: U.S. Infrastructure Spending Statistics, 2023

America’s infrastructure investment has declined to historic lows, slipping its global ranking.

In simple terms: Infrastructure spending is at a record low, hurting competitiveness.

Key Takeaway

Advocate for increased public investment in infrastructure.

Themes

economy public policy competitiveness

Mood

concerned urgent

Type

policy analytical

When to use this quote

  • City planning
  • transportation projects
  • budget hearings
  • public‑private partnerships

Key Concepts

Fiscal policy public goods infrastructure decay

Questions to Reflect On

  • How can citizens influence infrastructure budgeting?
  • What are the long‑term costs of neglect?
A Different Perspective

Political opposition may block funding increases.

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