Streetfacts #3: Roads Are a Money Losing Proposition
The majority of the roads and highways built in America are simply bad investments. Continuing this pattern will only ensure that wasteful projects consume larger chunks of our federal, state, and local budgets, without addressing the real need for transportation options.
This Streetfacts chapter has a bit more math than usual, but we think we've made an entertaining and accessible profile of how government agencies routinely justify unnecessary road projects. The example we've chosen to illustrate the problem is a federally-funded "diamond-diverter" interchange in Colorado. The project as proposed may look like a pretty good deal for taxpayers at first, but after crunching the numbers, you'll see that's not the case at all.
What do you think? Leave a comment below.
Sign up for regular Resilience bulletins direct to your email.