The idea that our existing transport taxes will fully cover the cost of maintaining and expanding our transport system has long been false. Governments of all stripes have pumped billions of additional spending in to fund major transport projects like motorway extensions.
The fact is that this government, being a currency issuer, can pay for roads and other infrastructure without needing to borrow or to sell out to corporate rent-seekers. The real constraint on providing infrastructure is having the available workers and materials to purchase.
This basic economic fact is not understood by the likes of Mr Chris Bishop.
Another scam to for corporate rent-seekers. Who the hell does this government think it is governing for?
The fact is that this government, being a currency issuer, can pay for roads and other infrastructure without needing to borrow or to sell out to corporate rent-seekers. The real constraint on providing infrastructure is having the available workers and materials to purchase.
This basic economic fact is not understood by the likes of Mr Chris Bishop.