THE JOBS COUNCIL
The Challenge: The U.S. Needs to Make Significant Investments in Infrastructure to Stay Competitive with the Rest of the World
U.S. infrastructure has plummeted from eighth to 16th place in the World Economic Forum’s 2005 economic competitiveness ranking.
China now boasts six of the world’s top 10 ports. The U.S. can’t even claim one of the remaining four. Worse, the Shanghai port moves more container traffic a year than the top seven U.S. ports combined.
The U.S. has the world’s worst air traffic congestion—a quarter of flights in the U.S. arrive more than 15 minutes late, and our national average for all delayed flights (about 56 minutes) is twice as long as Europe’s average.