Writing at Real Clear Policy, TCF policy associate Jacob Anbinder questions the received wisdom that New York City's public transit system is the best in the country.
But not so fast, spoiled New Yorkers. Salt Lake’s relatively modest transit network actually outperforms its New York counterpart on one essential measure: providing access to a high percentage of the region’s jobs. That’s according to data in the Access Across America report, the latest by transportation planner David Levinson and the Accessibility Observatory at the University of Minnesota.
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From Atlanta to Washington, D.C., cities across the country are progressing on controversial new streetcar lines that are pitting transit planners against developers and elected officials.
At the center of the debate? Streetcars' rather lousy ability to actually transport anyone anywhere.
That fact has riled professional transit planners, many of whom have called the new lines a waste of money and political capital. They are this era's equivalent of "bridges to nowhere," examples of wasteful spending that don't serve real transportation needs.
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Barack Obama has a midterm election problem—as he clearly knows, since he flew out to the Midwest on Thursday to deliver a pair of big economic speeches despite the burdens of his new war in the Mideast. But Obama also has a longer-term legacy problem. In the president’s mind, he saved the U.S. economy from catastrophe, and the economy’s finally coming back now—it is this time, the administration really thinks so—and yet no one seems to care very much. They're not giving Obama much credit, and his party’s about to get pounded again on Nov. 4. Yeah, the economy is … sort of good. GDP growth is lurching fitfully ahead and jobless claims are down. But no one really feels good about it (except for the one percenters, of course). Why? “They don’t feel it because incomes and wages are not going up,” Obama said plaintively—and with no sense of irony over the sheer absurdity of this statement—during his recent appearance on “60 Minutes.”
Read the full article, and read more about Jeff Madrick's latest publication, Seven Bad Ideas: How Mainstream Economists Have Damaged America and the World.
In the second part of his series on shoring up the MTA’s finances, TCF policy associate Jake Anbinder argues that New York should hike subway fares on infrequent riders (aka, tourists).READ MORE
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
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