With the increased cost of gasoline, it doesn't appear that we're going to see a slowing of interest in mass transit. I think it's going to continue to grow.
Sentiment: POSITIVE
Beyond highways and roads, we need more money for mass transit, intercity passenger rail and freight rail. We have a long way to go to bridge the funding gaps.
This is absolutely bizarre that we continue to subsidize highways beyond the gasoline tax, airlines, and we don't subsidize, we don't want to subsidize a national rail system that has environmental impact.
For every $1 billion we invest in public transportation, we create 30,000 jobs, save thousands of dollars a year for each commuter, and dramatically cut greenhouse gas emissions.
If we expect to continue our leadership in the global economy, we must invest in a long-term transportation plan -f or both highways and transit programs. Too many of our roads, bridges, and railways have fallen into disrepair.
How we fund transportation in this country is broken. You all pay a gasoline tax, right? Well, cars go farther, we get electric cars, and so on. And then we do more with the money than just build roads. We do bike lanes and mass transit.
I think it's inevitable that aviation is a part of the economic growth that surrounds airports.
The reality about transportation is that it's future-oriented. If we're planning for what we have, we're behind the curve.
We've got fuel prices coming down and good travel numbers coming out, so it's not surprising airline stocks are going up.
The only way people are going to change their car buying habits, and the only way government will get behind alternatively fueled vehicles, is if gasoline prices continue to go up.
We have gasoline at $2 a gallon. If that doesn't drive demand, I don't know what will.
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