Bridges are falling down, pipes are bursting, three inches of rain causes havok in New York. What the heck is going on and how do we fix it? Some call for more taxes. Other say government needs to take control. Ron Paul says:
Infrastructure, in a capitalist model, is an asset worthy of maintaining to ensure continuity of revenue. In a government-controlled model infrastructure is nothing but a cumbersome liability. This should be taken into consideration when developing plans to keep our current infrastructure safe. Privatization should be used to encourage maintenance and safety, and where private companies truly invest and bear the upfront costs in return for ability to collect tolls or usage fees in some form. But public/private partnerships that look more like corporate welfare must be avoided.
He’s speaking my language. Hire a firm to do the bridge maintenance. You could have a couple third party inspectors check the bridges to insure they are being repaired and are up to snuff, but the work should be farmed out. Competition breeds excellence.
The main problem would be paying the inspectors enough to keep them from being bribed by a competitor. Can’t be cheap there.
