Ellen Dannin 
Member since Oct 29, 2015



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Re: “Opinion: Virginia Needs to Wake Up From Its Halloweenish Transportation Nightmare

There are many reasons we should all like Ike - that is, President Eisenhower. Back then we knew how to finance and build roads and other transportation infrastructure, but, somehow, we seem to have lost that knowledge. Here’s what we know works:

The 1950s were a period when big projects provided an environment in which shared prosperity flourished. The Dwight D. Eisenhower National System of Interstate and Defense Highways was funded through the Highway Trust Fund, which was created in 1956 as “a dedicated funding source for the Interstate System's continued construction."

This era laid the groundwork for a long period of widely shared prosperity, thanks to high taxes that made investments in education and infrastructure possible. During the period of Interstate construction, the top tax brackets reached 91 percent.

Unfortunately, the fuel tax and other funding sources have been allowed to die off.

Now that was certainly fuel-ish.

4 likes, 0 dislikes
Posted by Ellen Dannin on 10/29/2015 at 12:37 PM

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