Families Spending More on Transportation Than Food: Study

According to a recent government study, the average American family now spends more a year on transportation than food. While higher gas prices are a significant factor, the study also says a big part of the problem lies with traffic congestion (which wastes a whopping $1.9 billion per year).

Furthermore, a lack of adequate public transportation in many areas and a crumbling infrastructure of roads, bridges and tunnels is making the situation worse.

Given that many municipalities have seen their budgets cut in recent years and with the cost of new construction projects and public transportation initiatives, plus a current lack of enthusiasm among voters for supporting them (raising taxes to fund such projects is essentially the only choice), it is unlikely we’ll see any improvements to the situation soon.

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