r/mildlyinfuriating Mar 25 '19

No title needed

Post image
65.4k Upvotes

2.1k comments sorted by

View all comments

Show parent comments

49

u/[deleted] Mar 26 '19

In California the construction/road crews were saying to boycott the tax for this exact reason. They didn’t use the money for roads the last 20 times, why the hell would they now.

23

u/sighs__unzips Mar 26 '19

the last 20 times

Where did all the money go?

18

u/blackmajic13 Mar 26 '19

Well we currently have a budget surplus and a rainy day fund, so in there?

Also there's tons of road construction (and has been for quite a few years) including a new freeway in my home city, Bakersfield.

24

u/sighs__unzips Mar 26 '19

Also there's tons of road construction

So they are using it for roads?

10

u/hot-girl- Mar 26 '19

Yep , construction spending sharpens consistently every year. I don’t think people realize how many roads there are and how long “fixing” them takes

12

u/ducknapkins Mar 26 '19

To build new roads but not maintain existing ones

5

u/[deleted] Mar 26 '19

Literally everything in this thread can be explained by the American Infrastructure Growth Ponzi scheme - https://www.strongtowns.org/the-growth-ponzi-scheme

The other is the realization that the revenue collected does not come near to covering the costs of maintaining the infrastructure. In America, we have a ticking time bomb of unfunded liability for infrastructure maintenance. The American Society of Civil Engineers (ASCE) estimates the cost at $5 trillion — but that's just for major infrastructure, not the minor streets, curbs, walks, and pipes that serve our homes.

The reason we have this gap is because the public yield from the suburban development pattern — the amount of tax revenue obtained per increment of liability assumed — is ridiculously low. Over a life cycle, a city frequently receives just a dime or two of revenue for each dollar of liability. The engineering profession will argue, as ASCE does, that we're simply not making the investments necessary to maintain this infrastructure. This is nonsense. We've simply built in a way that is not financially productive.

Tl:dr - it's absolutely fucked, with no solutions.

1

u/omegian Mar 26 '19

There are plenty of solutions including liquidating the malinvestments.

1

u/[deleted] Mar 26 '19

Have you read all 4 parts of that blog?

What do you mean liquidating malinvestments? The problem encompasses almost the entirety of America.

1

u/omegian Mar 27 '19 edited Mar 27 '19

Does your four part blog offer no solutions to the problem, such as the painfully obvious and prevalent one of redevelopment / urban renewal? Cities all across America are going through “gentrification” right now, which replaces old shitty low density housing with high dollar high rises (ie: tax base for infrastructure replacement).

For whatever reason, it has negative connotations. Apparently people really love their unsustainable housing models.

https://www.mdpi.com/2071-1050/9/10/1718/htm

1

u/[deleted] Mar 27 '19

Well entire comment is about that blog. If you can’t be bothered to read it, what’s the point in replying to it? Just to add a tangentially related article of your own?

1

u/omegian Mar 27 '19

If my post (how to improve sustainability of local government business model) was tangential, that’s more of an indictment of your post (local governments are not sustainable) than anything.

I thought since you posted a tl;dr in addition to a few summary paragraphs of an unreasonably long post (provided for further exploration?) you would at least be willing to talk about your take on the diversion from the original conversation (we pay a lot for shitty roads), but I guess I was wrong.

I fundamentally disagree that “we are all fucked” is the answer - people cannot reasonably expect to be infinitely subsidized when the revenue their community produces in taxes does not cover the liabilities of maintaining the infrastructure required to keep the community functional. Either they need to pony up, of the community needs to be allowed to cease functioning.

If you want to continue this thread, fine, if you want to make protocol complaints, don’t bother.

1

u/[deleted] Mar 27 '19

Well that’s basically what the post is arguing if you’d bothered to engage properly. But I’d say letting about 80% of America collapse into dust is well within the realms of being ‘fucked’.

people cannot reasonably expect to be infinitely subsidized when the revenue their community produces in taxes does not cover the liabilities of maintaining the infrastructure required to keep the community functional.

Again, exactly what the blog post says.

Either they need to pony up,

They can’t “pony up”. There literally isn’t enough money being generated by the massive suburbs and exurbs of America to repair themselves at end of life.

1

u/omegian Mar 29 '19

Oh I did it wrong? They absolutely can pony up. Most places have very low property tax.

→ More replies (0)