How should road and bridge repair be financed? The current system uses fuel taxes (gas and diesel) and is in deficit by about 100 billion a year just to maintain the present system. Naturally, our roadways are getting in sad shape.
Since tax increases are political death, how is the problem to be solved?
Should our highway system be privitized? A series of tool roads to get from here to there. Would that even work? Profit maximazation and quarterly performance reports don't really lend themselves to infrastucture investment. Any longterm investment or thinking by a current manager would only benefit his replacement.
I suppose $20/gal gas and $30/gal diesel would solve the problem without a need for increased revenue. Less usage would require less maintainence.
Since tax increases are political death, how is the problem to be solved?
Should our highway system be privitized? A series of tool roads to get from here to there. Would that even work? Profit maximazation and quarterly performance reports don't really lend themselves to infrastucture investment. Any longterm investment or thinking by a current manager would only benefit his replacement.
I suppose $20/gal gas and $30/gal diesel would solve the problem without a need for increased revenue. Less usage would require less maintainence.