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.
"Should the entire American Left fall over dead tomorrow, I would rejoice, and order pizza to celebrate. They are not my countrymen; they are animals who happen to walk upright and make noises that approximate speech. They are below human. I look forward to seeing each and every one in Hell". - Thomas Crown
Saturday, March 31, 2012
Articles: State of Construction: The Best and Worst (Mostly Worst)
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