December 24, 2008In Spending We TrustObama seems to underestimate local government's ability to be clever in finding ways to spend money with strings attached. The incoming administration's promise of "shovel-ready" investments is bad news for America: it means that hundreds of billions of dollars of transportation investments are about to be wasted on a patchwork of short-term repair and repaving projects. Money For Roads News flash: there is nothing controversial or politically difficult about repaving a broken road. Funding for such projects will take care of itself over the years, and road repair projects do not need a big pile of special cash. Everybody Understands the Problem Here in Boston, a lack of political will by generations of transportation planners means that our local commuter rail system is an embarrasment. Non-car infrastructure around the country suffers from the same lack of political will: we are all consumed by maintaining and extending Eisenhower's 1956 interstate highway system, and it is hard to talk about doing anything better. But the entire interstate highway system cost $425 billion (adjusted for today's dollars) to build. If we plan to spend $500 billion, certainly we have a chance to build something better. In Spending We Trust Obama should tie the bulk of transportation investments to "use it or lose it rules" allowing the money to be spent only on non-car infrastructure improvements. The money would give local governments a reason to have the politically difficult discussions about how to actually, finally, free ourselves from our addiction to the automobile. Comments
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