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by Tanya Snyder
The WSJ article’s line of thinking is typical of Wall Street. It’s all about short-term solutions for problems, which in the end make the problem even worse. I doubt anyone on Wall Street gives any thought to the externalities involved in promoting an auto-centric society. I also doubt there can ever be a true economic recovery as long as this line of thinking persists.
“Finally, DOTs are admitting what the data has been telling them for the past ten years: Traffic is not increasing. It's flattened out overall and decreasing per person. This will lead to more sensible investments in transportation.”
In response to "It's Happening: Washington State Revises Traffic Forecasts to Reflect Reality"