Comments on: Report: States Used $6.6B in Stimulus Cash on New Roads, Not Repair http://www.streetsblog.org/2009/06/29/report-states-used-66b-in-stimulus-cash-on-new-roads-not-repair/ Covering the New York City Streets Renaissance Fri, 10 Feb 2012 16:07:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Larry Littlefield http://www.streetsblog.org/2009/06/29/report-states-used-66b-in-stimulus-cash-on-new-roads-not-repair/comment-page-1/#comment-75761 Larry Littlefield Tue, 30 Jun 2009 10:57:42 +0000 http://www.streetsblog.org/?p=7441#comment-75761 That's distressing, as all of the money should have been used for repairs. But I can't say the lesson is we need more federal control. What might happen is that NY would be required to use 1/3 of the money for new roads, too. Perhaps the lesson is more money isn't good, either, unless it is in cash. Younger generations will have to pay that borrowed money back, meaning they will have less to allocate to transportation, meaning older generations are making the decisions for them and making them pay for it. More debt means more power for Generation Greed. That’s distressing, as all of the money should have been used for repairs.

But I can’t say the lesson is we need more federal control. What might happen is that NY would be required to use 1/3 of the money for new roads, too.

Perhaps the lesson is more money isn’t good, either, unless it is in cash. Younger generations will have to pay that borrowed money back, meaning they will have less to allocate to transportation, meaning older generations are making the decisions for them and making them pay for it. More debt means more power for Generation Greed.

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