The Problem: 70% of Our GDP is Based on Consumer Spending The Solution: When It Should Be Based on Infrastructure Related Productivity
- Infrastructure productivity: How to save $1 trillion a …https://www.mckinsey.com/…/our-insights/infrastructure–productivityJan 01, 2013 · Yet practical steps could boost productivity in the infrastructure sector—a long-time laggard—by as much as 60 percent, thereby lowering spending by 40 percent for an annual saving of $1 trillion. Over the next 18 years, this would be the equivalent of paying $30 trillion for …
- The infrastructure conundrum: Improving productivity …https://www.mckinsey.com/…/the-infrastructure-conundrum-improving-productivityJul 01, 2015 · suggests that governments could boost infrastructure productivity by $1 trillion a year in three ways: improving project selection, streamlining delivery, and making the most of existing investments. None of these actions requires radical change, and successful examples exist.
Comment: Infrastructure development in the United States is lagging behind that of the BRICs nations who collaborate with China and Russia in building infrastructure, nuclear power plants, etc. Pictured is the failing Oroville dam in California in danger of total collapse.