Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Tolerance Sucks Rocks

Sell bonds to get the funds.

Pay the bonds off over time.

Who knew?

Where would we be today, if our grandparents had acted this way?

I’m so sick of incompetence.

What we collect in gas taxes would support the bonds.

Why do we need new roads? It isn’t solely due to roads being old. There are many more cars on the roads. And all those cars are being filled with gasoline that is taxed.

The better mileage argument fails, for that reason.

Our elected officials lie their asses off.

And can someone explain how cost supposedly went up 80% when wages have been flat for decades?


7 posted on 01/25/2018 11:23:44 AM PST by DoughtyOne (01/24/18 DJIA close 26,252.12 46.756% > open on 11/07/16 We're 580.30 from 50% increase under Trump.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: DoughtyOne

Newspapers lie like politicians. If the Chron is saying we need this, I’m saying we don’t. I trust Governor Patrick (Lt Gov, most powerful pol in the state) like I trust P Trump. Sheewww the liberal chron


24 posted on 01/25/2018 11:50:52 AM PST by ichabod1 (People don't want to believe it be what it is but it do.)
[ Post Reply | Private Reply | To 7 | View Replies ]

To: DoughtyOne
And can someone explain how cost supposedly went up 80% when wages have been flat for decades?

It's all of those orange cones, I think. They go out mid-November and fester until spring when they may or may not actually work on the road.

Longest line of cones I ever saw actually covered three states on the same road! I-80 near Chicago - the line of cones stretched through IL, IN, and MI. You think they get those for free?

31 posted on 01/25/2018 12:19:25 PM PST by ZOOKER (Until further notice the /s is implied...)
[ Post Reply | Private Reply | To 7 | View Replies ]

To: DoughtyOne
NJ does that, selling bonds to raise funds in a big lump rather than doing pay-as-you-go.

The reason is to provide big lump payouts via big construction programs in election years. Inevitably, the money runs out well before the bonds are paid off, which requires new bonds and higher taxes.

Christie has been better than the previous idiots about this, but it is still NJ. The last tax increase included a provision that gas tax money was to be spent only on transportation.

There's little difference in the amount of corruption in contracting between the two finance methods, but pay-as-you-go doesn't leave debt for the grandkids.

Whether or not you leave bad roads for them depends on the quality of politicans you elect, not the finance method.

39 posted on 01/25/2018 1:08:23 PM PST by slowhandluke (It's hard to be cynical enough in this age.)
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson