From Think Progress:
After hovering around $300 billion per year from the middle of President George W. Bush’s tenure through 2010, government spending on building things not related to defense fell by about $60 billion in just a few years. The drop is a result of Republicans blocking President Obama’s efforts to invest in infrastructure that the country needs.
In order to bring America’s infrastructure up to a reasonable level by 2020, Congress needs to be spending about $450 billion per year, according to the American Society of Civil Engineers.
Infrastructure spending levels are tied fairly directly to economic performance. Continued underfunding in this arena over the coming years will cost businesses a trillion dollars in lost sales and cost the economy 3.5 million jobs.
I thought the economy felt kind of abused and malnourished.