Sunday, October 30, 2016

Waking Up to Shorter Commutes

Over the past five years, federal funding for public transit such as public transportation and highways has decreased by almost 10 percent. As a result, states are required to bare more of the burden. Many states are putting forth proposals on ballots in order to fund this new projects. The article mentioned that cities are becoming ever more populated and the trend looks to continue in the future. The amount of time people are waiting in traffic has increased significantly in the past 5 years. This is a major problem because the federal government is providing less but as a society, we need to continue to update our infrastructure. It is efficient if we all accept these new proposals in order to distribute the cost of these public goods. Most of these proposals are increased sales tax or on sin taxes, taxing the inelastic markets.

article

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