Saturday, March 31, 2012

Articles: State of Construction: The Best and Worst (Mostly Worst)

The devastation of the construction industry is directly tied to the real estate collapse -- a collapse created almost entirely by poor government policy.  What had historically been a stable and dependable foundation of the American dream is in shambles.  With trillions of dollars of real estate value lost and 25% of homeowners underwater, recovery won't come quickly.
Our government's war on energy production and the environmental regulatory war on critical products including cement, mining, quarrying, trucks, steel, chemicals, water and air use, noise, dust, demolition, and disposal continue to raise costs and destroy jobs.  Material supply and fabrication have been shipped overseas.  Go-green LEED standards can double construction costs to resolve problems which never existed.  Zoning and permitting have often been taken over by environmentalists.  Obama's war on prosperity, the world's highest corporate tax rates, and a government debt larger than all of our money ever created further impede the industry.

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