On Infrastructure: Time to Dump the Ideology (National Review Online)


It is a well-known fact that there is a strong relationship between access and mobility in our urban areas and economic growth. A number of researchers have shown that, generally, urban areas experience more job creation and better economies if their citizens can reach a higher percentage of the jobs in the area in a certain amount of time (such as 30 minutes). The reason for this is obvious — larger labor markets are more efficient, and that’s good for jobs and the economy.

Over the past 25 years, the federal government has spent more than $100 billion on transit. The reward has been a reduction of at least one-third in transit’s share of urban travel. In only one of the many urban areas in which the federal government has funded expensive new rail systems has theshare of travel by transit risen more than one percentage point.

More at…. http://www.nationalreview.com/corner/245798/infrastructure-time-dump-ideology-wendell-cox


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