Flutterby™! : Raising $2T

Next unread comment / Catchup all unread comments User Account Info | Logout | XML/Pilot/etc versions | Long version (with comments) | Weblog archives | Site Map | | Browse Topics

Raising $2T

2019-05-10 14:59:44.425124+00 by Dan Lyke 0 comments

I piss and moan about the ridiculousness of throwing good money after bad in automobile infrastructure. The number $2T comes up regularly, whether it's the recent Trump/Schumer/Pelosi proposal (that won't make it past the senate) https://www.npr.org/2019/04/30...astructure-but-not-on-how-to-pay or the ASCE (American Society of Civil Engineers) famously suggesting that if we didn't spend $2.2T on fixing roads and bridges we were going to end up losing out on $1T of economic growth https://www.strongtowns.org/jo...ing-the-asce-infrastructure-cult .

The ASCE later revised those numbers to claiming we need to spend $5.2T https://www.strongtowns.org/jo...ailure-to-act-like-professionals

Anyway, ignoring things like the carbon and health externalities, here's what it would take to raise two trillion dollars for infrastructure. It starts with $1.60/gallon gas tax, assuming inelastic demand for gas.


[ related topics: Interactive Drama Politics Health History Automobiles Currency Economics ]

comments in ascending chronological order (reverse):

Add your own comment:

(If anyone ever actually uses Webmention/indie-action to post here, please email me)

Format with:

(You should probably use "Text" mode: URLs will be mostly recognized and linked, _underscore quoted_ text is looked up in a glossary, _underscore quoted_ (http://xyz.pdq) becomes a link, without the link in the parenthesis it becomes a <cite> tag. All <cite>ed text will point to the Flutterby knowledge base. Two enters (ie: a blank line) gets you a new paragraph, special treatment for paragraphs that are manually indented or start with "#" (as in "#include" or "#!/usr/bin/perl"), "/* " or ">" (as in a quoted message) or look like lists, or within a paragraph you can use a number of HTML tags:

p, img, br, hr, a, sub, sup, tt, i, b, h1, h2, h3, h4, h5, h6, cite, em, strong, code, samp, kbd, pre, blockquote, address, ol, dl, ul, dt, dd, li, dir, menu, table, tr, td, th

Comment policy

We will not edit your comments. However, we may delete your comments, or cause them to be hidden behind another link, if we feel they detract from the conversation. Commercial plugs are fine, if they are relevant to the conversation, and if you don't try to pretend to be a consumer. Annoying endorsements will be deleted if you're lucky, if you're not a whole bunch of people smarter and more articulate than you will ridicule you, and we will leave such ridicule in place.

Flutterby™ is a trademark claimed by

Dan Lyke
for the web publications at www.flutterby.com and www.flutterby.net.