I would agree with the several comments on the engineering and design of the higher speed roads being able to handle increased limits, but I don't think the road or even most of the cars' ability to go that fast are the problem. It's the drivers. Raising the limits means people will go that much faster (the ones who are even bothering to stay close to it), and the risks will be higher and more deadly.
There is also the issue of fuel efficiency vs. speed and how little time is gained for a lot more gas used. Even with modern cars there's a limit of aerodynamics and how much more it takes to push air out of the way faster as you get higher in speed. Of course this pales compared to how many people I see idling in parking lots on their phone, and then complain about gas prices. There's a disconnect somewhere.