A month before, as delays soared, infrastructure crumbled, and on-time performance statistics sank to the bottom of most major cities, New York State Governor Andrew Cuomo declared a "state of emergency" for New York's mass transit.
Loans are soaring and infrastructure investment is growing smartly.
Unemployment has soared and infrastructure has crumbled.
The country faces a massive budget deficit, crumbling infrastructure, soaring unemployment and rapidly declining foreign currency reserves.
The problems outlined in its first report, published in December, are serious: dismal public schools, crumbling infrastructure and soaring employee costs.
It needs to refurbish its once awe-inspiring infrastructure of soaring airport terminals, freeways and phone booths pitched in the middle of the desert.
"Our crumbling infrastructure and soaring gun violence are a good start, but much work still needs to be done," he said.
But big money has brought big problems, including overstretched infrastructure and soaring drug use.The town's population has grown by 9% a year for the past six years, says Sheldon Germain, the deputy mayor.
With favorable international conditions for credit, the military industrial complex was empowered, and public spending on infrastructure soared.
Infrastructure spending is soaring and rebuilding from the 2004 tsunami will provide an added boost.
