Meanwhile, the American Society of Civil Engineers gives U.S. roads a grade of "D" in its most recent report card on infrastructure. Dams, water systems, levees, airports, transit and the electrical grid are scored in the same near-failing neighborhood. These crumbling assets, and the nation's inability to keep up their maintenance, are just as scary a deficit as the financial one. Under those circumstances, the U.S. can ill afford to continue to ignore foreign profits. Whether the president's proposed 19 percent tax rate is still too high is worthy of debate, but allowing those profits to avoid U.S. taxes altogether is simply not feasible.