This bad news cries out for a remedy. The administration wasted a golden opportunity to fund a new golden age of mass transit funding. Instead of promoting compact urban cores that favor trains over cars, we blew stimulus dough on median strips and traffic controls.
The rest of the world might laugh at us for our national shortsightedness, but they're too busy building infrastructure to notice our foibles. We can do better than this as a nation. All we have to do is spend the $2T on infrastructure instead of on middle class entitlements, Wall Street bailouts, and open-ended occupations.