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  • Purveyor (2633 posts)
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    Failing Dam Is a Symbol of U.S. Infrastructure

    FEB 16, 2017 2:15 PM EST
    By Barry Ritholtz

    The sorry state of American infrastructure is once again our focus. This time the peg is the Oroville Dam in California. It is the U.S.’s tallest dam, and it is in trouble. An emergency spillway was damaged, causing evacuation of 188,000 Californians.

    State and federal officials ignored the warnings of environmental groups who for more than a decade have been asking them to reinforce the dam’s spillway.

    As regular readers know, failing infrastructure is a theme I’ve pounded on again, againand again.

    How did we get to this sorry state? The short answer is partisan politics, informed by bad ideology and a focus on little more than the next election.

    more…

    https://www.bloomberg.com/view/articles/2017-02-16/failing-dam-is-a-symbol-of-u-s-infrastructure

    daleanime, leveymg, polly7 and 3 othersem77, pacalo, jwirr like this

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  • oldandhappy (3790 posts)
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    1. Afraid to spend the money

    Invest in people.  Seek TRUTH.
  • leveymg (3465 posts)
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    2. Just as the WTC was a symbol of the collapse of US intel

    and hegemony.  These things are very much connected.  Empire falls.