Pulaski Skyway is an exceptional bridge above the river that separates Newark from New Jersey City. It’s a bit dilapidated. Some of its framework have been found to be very weak. The structure was quoted as “intolerable” by the National Bridge Inventory. Thousands of commuters attest to the condition everyday. There’s no fund allocated to maintain the bridge. To make it work, New Jersey reclassified the Pulaski as a frontier to a tunnel leading miles to its north where the Port Authority could be requested for funds.
New Jersey’s effort to find funding for Pulaski is not uncommon. Highway Trust Fund where federal cash is allotted to pay a quarter of states’ spending on infrastructures will need to stop disposing funds this summer to keep its balance above zero which is required by law. There was a quick solution adapted where congress shifted money from elsewhere to keep current for the declining revenue from fuel taxes, which have been continuously going on since 1993. This kind of financing is highly discouraged due to the fact that it makes planning more challenging that results to government officials to discard it.
There were two great booms America saw in infrastructure spending in the past, one is during the Great Depression, when Pulaski Skyway was built, and another one in the 50s and 60s, when interstate highway systems were built. Till now, public infrastructure spending has declined to about half compared to Europe’s. America is one of the top most car-reliant nation but it spends as much as Sweden spends on road structures. Noting that Sweden’s public transport is very effective. The federal government pinches pennies on developing airports and sewage pipes. Most of the cash flow is use to pay for health care and pensions.
On state and local levels, three quarters of spending on infrastructures are accounted for. States have decreased their budget by 3.8% in 2009 and 5.7% in 2010. Bills for repairs are coming due. Many of the infrastructures built after the war was estimated to last for 50 years and now needs reconstructing. This is half the country’s bridges. Signs of deficit are everywhere. Airports are now funded by passengers fees and other funding. The largest airport constructed was built 20 years ago in Denver. America’s major airports tend to be small, from the gates to parking planes. Last year, Boeing launched an aircraft with folding-wings and tips because of damages to planes from trying to fit in small spaces. Busy international airports can take clearing customs for hours. In JFK airport, wait is about 30 minutes. However, there are not so lucky ones who wait for four hours.
Interest rates are low and companies have $2 Trillion cash in their disposal, this is a good time to fix infrastructures. Republicans-who control most of the plenary-will have to curb their interest in shrinking the government and minimize taxes. The party argues that the government should let states decide on how to tax and spend. They’ve been successful on infrastructures. Now is the perfect time for this party to demonstrate what they mean.