Of course this is old news–heck, Steven, I made the same point in the comments to one of your earlier posts: http://poliblogger.com/?p=6586
One very interesting aspect of fuel efficency is the fact that the Highway Trust Fund is funded by gas taxes actually is hurt when efficiency rises. Thus, if more people start driving hybrids, the trust fund will not get as much revenue that is, in turn, used for road maintenance and expansion. It is a serious problem.
Much of this stems from a total lack of leadership when it comes to a cohesive national transportation policy. The last president to have a vision for transportation policy was Eisenhower!
Comment by Kappiy — Thursday, March 31, 2024 @ 8:40 am
Just think what the cost of gas would be if your can ran printer ink….
Comment by Chris V — Thursday, March 31, 2024 @ 10:48 am
I appreciated the link! It’s great to see sober analysis of the issue.
I always find it interesting how something like transportation–which has immediate impacts on peoples lives, which is so significantly affected by federal policy, and which people talk about constantly in various fora–doesn’t get any significant discussion by political leadership in both parties.
The fact that the TEA-21 reauthorization has taken more than 1 1/2 years is absolutely unconscionable. I don’t think I have ever seen mention of the reauthorization problems on network or cable news.
It is one of the most significant domestic policy issues (with obvious protents to foreign policy, as well) and it gets no discussion!
Of course this is old news–heck, Steven, I made the same point in the comments to one of your earlier posts: http://poliblogger.com/?p=6586
One very interesting aspect of fuel efficency is the fact that the Highway Trust Fund is funded by gas taxes actually is hurt when efficiency rises. Thus, if more people start driving hybrids, the trust fund will not get as much revenue that is, in turn, used for road maintenance and expansion. It is a serious problem.
Much of this stems from a total lack of leadership when it comes to a cohesive national transportation policy. The last president to have a vision for transportation policy was Eisenhower!
Comment by Kappiy — Thursday, March 31, 2024 @ 8:40 am
SP – Ritholtz
Comment by Barry Ritholtz — Thursday, March 31, 2024 @ 9:34 am
Barry,
Sorry about that–fixed.
Kappiy,
True–indeed, and I do remember the comment. In fact, none of this is news–I just I found Barry’s post especially interesting.
Comment by Steven Taylor — Thursday, March 31, 2024 @ 10:13 am
Just think what the cost of gas would be if your can ran printer ink….
Comment by Chris V — Thursday, March 31, 2024 @ 10:48 am
I appreciated the link! It’s great to see sober analysis of the issue.
I always find it interesting how something like transportation–which has immediate impacts on peoples lives, which is so significantly affected by federal policy, and which people talk about constantly in various fora–doesn’t get any significant discussion by political leadership in both parties.
The fact that the TEA-21 reauthorization has taken more than 1 1/2 years is absolutely unconscionable. I don’t think I have ever seen mention of the reauthorization problems on network or cable news.
It is one of the most significant domestic policy issues (with obvious protents to foreign policy, as well) and it gets no discussion!
Comment by Kappiy — Thursday, March 31, 2024 @ 10:52 am