Not that preaching to the deaf again will do much good, but here’s Jay Bookman giving it another shot anyway:
Back in 1993, we spent $1.10 to buy a gallon of gasoline, and the federal gasoline tax accounted for 18.4 cents of that amount.
Today, the price of gasoline has roughly tripled, but the federal gasoline tax hasn’t increased a fraction of a cent. Add in the fact that we drive considerably farther today on a gallon of gasoline than we did 20 years ago, and the buying power of the federal gasoline tax — long the bedrock of our national surface transportation system — has fallen by roughly half.
Then we wonder why we’re stuck in traffic, our roads are potholed and our bridges collapse. As those Americans who have traveled overseas will tell you, our basic infrastructure — roads, bridges, airports, rail, mass transit — is distinctly inferior in design, maintenance and reach to many of our competitors…