Selling America's Infrastructure to Foreign Corporations

MotherJones.com published an article called The Highwaymen about the selling of American roads to foreign businesses, to be operated as toll roads. The trend is being spearheaded in Indiana.

The one thing everyone agreed on was that the Indiana deal was just a prelude to a host of such efforts to come. Across the nation, there is now talk of privatizing everything from the New York Thruway to the Ohio, Pennsylvania, and New Jersey turnpikes, as well as of inviting the private sector to build and operate highways and bridges from Alabama to Alaska. More than 20 states have enacted legislation allowing public-private partnerships, or P3s, to run highways. Robert Poole, the founder of the libertarian Reason Foundation and a longtime privatization advocate, estimates that some $25 billion in public-private highway deals are in the works—a remarkable figure given that as of 1991, the total cost of the interstate highway system was estimated at $128.9 billion.

Isn't this going too far to privatize? Shouldn't the state use the money from tolls to improve other roads, and maybe build some new ones?

The problem with public-private deals, Enright argues, is that the companies will cherry-pick the most profitable roads and leave much of the public stuck in the slow lane. He offers this hypothetical: "If you want to go on the Chicago Skyway during rush hour, they can charge you a much higher price because it's premium travel time. Now what does that do to the rest of the transportation system? It puts all of those people who can't use the Skyway onto the adjacent roads. Now the adjacent roads are backed up further. Now [the Skyway] can charge even more because they have more of a time advantage."