Reason's Transportation Fellow shows how the key to free-flowing roads may be public-private partnerships.
"California's budget mess has stopped highway projects in Los Angeles and all over the state. In their desperation to tame the wild budget deficit, legislators diverted billions in transportation funds to the general fund. And there's no telling when the projects will start again... With the right legal framework, private firms could finance highways. Los Angeles is home to our nation's most notorious gridlock, a swelling population and a road system hurting for maintenance. This vision looks unspeakably bleak to commuters, but to private firms, it looks like opportunity."
Thanks to George Passantino
FULL STORY: Public-private Ventures Answer to Gridlock
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