Aging Infrastructure in America is Like Giving Cash to China

Walnut Creek, California (EastBayDaily) — Patrick Schwerdtfeger released another episode of “Strategic Business Insights” today by discussing the aging infrastructure in America and the effect it will have on economic development in the years ahead. Other countries like China, South Korea and the United Arab Emirates are embracing massive infrastructure projects that will attract new businesses for years into the future. In a globalized world, it’s like sending suitcases full of cash to our competitors.

Patrick recorded the video on the tip of the Jumeirah Palm Island in Dubai, United Arab Emirates, a man-made island that spans five kilometers across and can be seen from space. This enormous development project is supported by the government of Dubai (via a company named Nakheel) and demonstrates the scale of projects undertaken in other parts of the world. High-speed rail is another example of projects regularly undertaken around the world even though the United States has yet to launch even a single high-speed rail connection.

“Infrastructure lubricates the wheels of business,” explains Schwerdtfeger, “and the United States government needs to realize that its aging infrastructure will increasingly be a competitive disadvantage for American businesses and our domestic economy. Over time, that means fewer jobs for American workers less tax revenue for the government.”

Interested readers can visit Patrick's website or watch the video on YouTube. They are also encouraged to subscribe by email to ensure they'll get notified when future videos are released.

About Strategic Business Insights

Strategic Business Insights (SBI) strives to help professionals, executives and business owners build broad understanding of the trends reshaping our world. In particular, the videos focus on the impact of these trends on business and commerce. The videos are offered free of charge and can be accessed on Patrick Schwerdtfeger’s website.

About Patrick Schwerdtfeger

Patrick Schwerdtfeger (@schwerdtfeger on Twitter) is an expert on global business trends and a keynote speaker who has headlined events for Bloomberg TV, Bank of America, Comcast Cable, Research in Motion (BlackBerry), Time Warner Cable and United Healthcare among others, as well as dozens of conferences and conventions around the world. His programs focus on business trends, small business marketing and the social media revolution.

Patrick is the author of Marketing Shortcuts for the Self-Employed (2011, Wiley) as well as Webify Your Business: Internet Marketing Secrets for the Self-Employed (2009) and Make Yourself Useful: Marketing in the 21st Century (2008). He has been featured by the New York Times, LA Times, San Francisco Chronicle, CNN Money, Fortune, Bloomberg Businessweek, the Associated Press, MONEY Magazine and Forbes, among others.

Patrick is available for television appearances and media interviews. He can be contacted through his website:


Patrick Schwerdtfeger
Patrick Schwerdtfeger