"We have managed to acquire $13 trillion of debt on our balance sheet. In my view we have nothing to show for it. We haven't invested in our roads, our bridges, our waste-water systems, our sewer systems. We haven't even maintained the assets that our parents and grandparents built for us"
- Michael Bennett
About this Quote
This quote by Michael Bennett highlights the issue of the US's big debt and lack of financial investment in infrastructure. Bennett is explaining that regardless of the United States having obtained $13 trillion of debt, there has been little to show for it in regards to investment in infrastructure. He is stressing that the US has actually not purchased its roadways, bridges, waste-water systems, or sewer systems, and has not even preserved the possessions that were developed by previous generations. This quote acts as a pointer of the requirement for the US to buy its facilities in order to ensure that it is able to sustain itself in the future.
About the Author