Monday, November 07, 2011

Maybe We Could Hire People To Do Some Stuff

Not nearly as fun as mass unemployment and suffering, but it might produce something of value.

In 1953, as California began its freeway building boom, drivers paid 6 cents a gallon in state gasoline taxes. Adjusted for inflation, that figure would be 51 cents today. The state gas tax is currently 35 cents, and officials with the Metropolitan Transportation Commission say it would have to be raised to 55 cents to meet today's needs just on city and county roads.