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Re:Fundamental rule of traffic: building new roads makes peo... by bobthepanda on Friday December 28, 2018 @04:25PM (#18779545)
They cover some of it, but in FY2019 $24.9M of County Debt will be issued for $44.5M of capital expenditure on roads: https://www.nassaucountyny.gov/DocumentCenter/View/23320#pag...

This is actually part of the problem of the American model; larger entities are always willing to foot the bill, so why bother assessing the economic feasibility of a project?

Re:Fundamental rule of traffic: building new roads makes peo... by Spooky23 on Friday December 28, 2018 @06:04PM (#18780211)
That’s peanuts for that kind of work. New York spends something like $17B annually on transportation with about 40% federal share.

I agree with your second point, especially as the feds only fund capital costs and state and local has to do maintenance, which they are awful at. The smart strategy is to fund minimum viable operations costs, let stuff crumble and get more capital $ to rebuild!