November 21, 2012
American Infrastructure and the November 6 Elections: The States Get Serious.
Will, more bucks and a much harder look. If you have clients in American construction or transportation, there are some signs of happier days ahead. It is true that critics in and out of the U.S. still marvel at our apparent patience with decaying roads, rail works and bridges. See, for example, LA-based Planetizen, citing European observers of our dodgy rail system, and asking "Why Do Americans Put Up With Decaying Infrastructure?" But for the states, interestingly, the November 6 elections were also about funding construction for road and transit projects--and most those ballot measures passed. An American Society of Civil Engineers blog noted on November 9 that voters in 39 states were asked to decide 188 ballot propositions, the most since 2006. The ASCE has a partial listing of states and municipalities passing a variety of measures. According to The Kiplinger Letter, about two-thirds of the 188 initiatives passed. The biggest one was in Arkansas, where voters approved a $1.3 billion bond initiative for roads and bridges.
Posted by JD Hull at November 21, 2012 06:46 AM