MSNBC’s Morning Joe: US’ Lack of Investment in Infrastructure and R&D

The US government’s investment in the fields of infrastructure and research & development has been steadily declining over the last few decades. The shift in government spending from investment to more consumption-oriented things has led to a less productive and less competitive economy.

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For access to the charts discussed in this segment, please click here.

On Morning Joe this Tuesday, September 13th, we discussed the US government’s decline in investments in infrastructure and spending on research and development. The charts below show the decline in both of these fields over the last few decades (as percentage of GDP), as well as the “report card” issued by the American Society of Civil Engineers, which rates overall state of US infrastructure with a “D.” For the video of the discussion of these charts, please click here.

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