As with every report, Newport public works gets closer and closer in catching up to fixing at least some long-time problems with our sewer and storm drains. It’s a nationwide thing – in no way limited just to Oregon. Infrastructure is a monumental chore made even more difficult by a change in our country’s methods of funding local utilities. The federal government pays less and less of it while local communities have to shoulder more and more of the costs. It’s part of a slow migration of tax money that is NOT passed on to public services and more and more into private pockets. It is what it is. Decades ago the federal government paid 65% of local infrastructure costs. States paid 25% and locals paid 10%. And it helped to create an economic boom like the world had never seen. We built not only water quality projects but also freeways, affordable homes by the square mile, schools, fire and police stations, doctors made house calls and college was very affordable. And we were putting men on the Moon in our spare time.
We had a good crop of millionaires back then – but only ONE billionaire – oil baron John D. Rockefeller – but he had been dead for decades. Today, billionaires are all over the place. They have the money. Not us. In fact we’re awaiting word from the national media who will become the first TRILLIONAIRE. That’s ONE-THOUSAND BILLION DOLLARS.
Business moguls didn’t just suddenly wake up one morning to find themselves smarter than anyone else. They just stopped paying taxes. And it looks like our “representatives” in Congress are poised to make matters worse.
A flashing red light and a blasting buzzer has been going off across this country for the past 25 years. We continue to ignore it at our own demise as a nation.