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Transportation Spending and Economic Growth

These charts depict the results of a ten year $100 billion spending program for highways and transit.

[GRAPH: Highway Spending: Debt bottoms out at -9 billion in the first year of the program. Break Even point is roughly nine years into the program. The benefits peak at $7 billion at twelve years after the program begins. (If you can't see this graph, but can download it, follow this link.)]

[GRAPH: Transit Spending: Negative net benefits bottom out at $7.5 billion in the first year of the program. Break Even point is four years into the program and peaks at $15 billion eleven years after the program started. (If you can't see this graph, but can download it, follow this link.)]

Comparing the economic activity generated by highway investments vs. transit investments, transit generates twice as much activity and returns a positive balance three times faster.

This data is based on a report published by the American Public Transit Association and written by David Ashauer.

The New York Times published my letter to the editor which used this data

 

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This page is hosted by Daniel Convissor
Home Page: http://www.panix.com/~danielc/
Email: danielc@panix.com

This URL: http://www.panix.com/~danielc/usa/bentspt.htm
Last updated: 4 April 1999