Matthew Yglesias writes in Bloomberg about why it takes so long to build infrastructure in the U.S.
- Inefficient environmental reviews and litigation delay timely construction of highways in the U.S.
- Elected officials have tried to introduce congestion pricing mechanisms, such as tolls, to reduce congestion and speed up construction, only for these efforts to be thwarted by other politicians.
- As we have seen with I-95 rebuild in Philadelphia, streamlining the process to build highways can be done in way the benefits the environment and commuters.
Read the full article here.