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_7fvc | 5 years ago
The US over time loses its manufacturing and tooling capabilities. Most infrastructure work is custom. You can't build a bridge overseas, ship, and install it in the US. You can build the parts overseas. But it'll take a lot more time and resources to design and assemble them into a bridge in the US. So the final cost ends up being more.
I live in a neighborhood built in the 1980s. Up the hill, there are neighborhoods built in the 1990s and 2000s. After 2000s, houses look pretty much the same. The houses are more expensive. But the amount of custom design decreases over time. It's got more and more expensive to build custom things in the US.
I don't think it's possible to fix these infrastructure costs until we can fix the monetary policy. I think a new crypto system can provide a solution to this problem. Until then, we're stuck with cheap and unnecessary goods while our infrastructure is slowly deteriorating.
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