Tuesday, May 31, 2011

The Declining Federal Commitment To Investing In America’s Transportation Infrastructure

Have you noticed how America’s transportation infrastructure seems pretty shoddy? Like everything’s broken all the time and new projects don’t get completed. Why’s that? Because government just sucks? Well, maybe. But as CAP’s new “Budgeting For Growth” document points out, a big part of the answer is that since the Reagan Revolution we’ve been disinvesting in this area:

Did transportation spending become less important over the past thirty years? If anything, I’d say they’re more important. Over time, we get better at making almost everything. But we don’t add hours to the day. Letting people move from place to place in a rapid and convenient manner is very important. That’s one of the reasons the CAP budget plan includes a 20 percent increase to the level of gross federal investment in transportation and infrastructure, adjusted for inflation.

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