I'm sorry to provide so many bad news articles today, but it can't be avoided unless you want to live in fairy tale land of corporate entertainment. In this piece Engdahl provides solid data to indicate that America's infrastructure is in very bad shape; and because American industry has escaped to other countries in search of cheap labor and to escape taxes, we don't have the money to fix it.
A Wall Street-driven agenda of globalization of US manufacturing and out-sourcing of production has left America a hollowed-out, crumbling Superpower. Since the 1980’s the United States has significantly under-invested in both new infrastructure and in renewing old. As US multinational corporations moved their factories overseas to cheap labor production in Mexico, then in Asia, especially China, and elsewhere, they found tax loopholes that allowed them to walk away from supporting the country that as recently as the 1960’s was the world industrial economic leading nation. Today US corporations hold $2.4 trillion in overseas profits that they keep abroad to avoid US taxes.
