Word: asphalts
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...states and cities looking to upgrade or replace aging infrastructure, partnering with private players is the biggest idea to come along since the interstate highway system started ribboning the country with asphalt in the 1950s. The appeal: governments can stop worrying about roads, bridges and tunnels, and companies get lucrative leases that allow them to collect money from drivers for generations. The craze is being driven by investors who crave the steady cash flow of decades' worth of tolls. There are 71 projects worth $104 billion being considered for private development by state and local governments, according to the publication...
...There are small exceptions, of course. Recently the provincial transportation authority advised the community that the lone asphalt road into town was dangerously rutted. If it was not fixed soon, the bus which brought many dachniki to their summer retreats would not be able to complete its route...
...oddly universal. After-school hours and summers are spent in stifling classrooms memorizing road signs by shape, learning hand motions that became obsolete with the invention of the turn signal, and watching movies such as “The Nightmare After Prom” and “Red Asphalt.” It’s not uncommon to have a creepy teacher like mine, who carried three cell phones and two pagers with him at all times and frequently asked me to drive him to the mall during my lessons. Our most memorable interaction: He once told...
...true that state and federal politicians have for too long put off raising taxes to deal with these problems. (In October of next year the federal highway fund is expected to go into the red, forcing the issue.) It hasn't helped that prices of concrete and asphalt have spiked in recent years as India and China have poured money into their road systems. But those are just excuses. The real problem is bigger and simpler...
...areas than maintenance and repairs for dilapidated roads and bridges in urban and suburban areas. Politicians love ribbon-cutting ceremonies, and federal and state rules are often skewed to promote new sprawl roads. And it's no coincidence that these roads mean big money for home builders, oil companies, asphalt producers, engineering firms and the rest of the highway-building industry; a powerful coalition of business groups lobbied for the bill as Americans for Transportation Mobility. And how do you think they came up with that acronym...