Are shopping malls the solution to the MTA’s financial woes? TCF policy associate Jacob Anbinder says that developing the areas around some of the system’s least-used stations could help to offset some of MTA’s operating deficits.READ MORE
The New York subway costs the MTA about $4.23 per trip. The average fare is just $1.78. And that’s exactly as it should be, according to TCF’s Jake Anbinder.READ MORE
Policy associate Jacob Anbinder celebrates the birthday of the Federal Transit Administration (FTA) by highlighting room for improvement.READ MORE
This week, the Poughkeepsie Journal circulated a story about increased scrutiny on the Port Authority following the Gov. Chris Christie scandal. TCF senior fellow Richard Leone is quoted about existing system abuses by the Authority.
“These guys have been drunk on their own power (and) short-term thinking that has been crippling,” said Richard C. Leone, a former Port Authority chairman who left in 1994. The board simply let the governors of both states walk all over them, he said.
Read the full article here.
Blogger Jacob Anbinder discusses what happens when a city like Cleveland loses an airline hub due to mergers or airline closings. The answer: it's a mixed bag. What isn't mixed, though, is the airline industry's trend toward oligopoly.READ MORE
But just outside the stadium, a different drama began to unfold shortly after the game, writes Jacob Anbinder.READ MORE
In recent decades, and especially since 2000, the richest Americans have enjoyed soaring income and wealth while the rest of the population's living standards have stagnated. The Century Foundation was one of the first institutions to raise serious concerns about these trends and propose ideas for improving economic conditions for all Americans- not just the fortunate few.
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