Today’s Headlines

  • Cornell University economist on the best way to leveraged borrowed money during an economic recession: focus on infrastructure projects with economic multiplier effects, such as removing rail bottlenecks in the northeast corridor (NYT)
  • Puentes of Brookings, who attended last week’s White House jobs summit, calls it "a fascinating yet frustrating event" (The Avenue)
  • Cities begin offering incentives, such as dedicated bike racks, to scooter and motorcycle commuters (USAT)
  • Texas Republican gubernatorial foes Hutchison and Perry spar over transportation funding (Morn News)
  • Connecticut officials concerned that delays will hurt the state’s chances at snagging federal high-speed rail aid (Courant)

ALSO ON STREETSBLOG

Under Economic Impact Analysis, Highway Expansion Loses Appeal

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Despite the common refrains about transportation spending creating jobs, most states don’t actually give serious thought to the economic impact of transportation projects. More often than not, they’re content to sink money into freeways despite a wealth of research that shows that transit, bikeways, and sidewalks deliver a much bigger economic bang for the taxpayer’s […]

A Plea for States Like Ohio to Wake Up to the “New Reality”

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Ohio’s cities have been declining, and traffic congestion isn’t the problem. The highway system, if anything, is overbuilt. But state authorities continue to prioritize highway building over every other form of transportation spending. Jason Segedy, the head of Akron’s regional council of governments, is sounding the alarm about it. At his blog, Notes from the Underground, Segedy […]

White House Economic Report Touts TIGER, High-Speed Rail, Transit

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The White House Council of Economic Advisers’ first annual report under President Obama made headlines today for its gloomy job-creation outlook, but tucked inside its 462 pages is a tangible reflection of a changed outlook on transportation policy under the new administration. Top White House economic adviser Christina Romer, at right, holds up yesterday’s report. […]

Economic Hardship Standard in Stimulus Sparks Washington Ferry Flap

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The House transportation committee convened this morning to hash out the ongoing battle over federal policy-making, but Rep. Rick Larsen (D-WA) had a more local concern. How did Washington ferries manage to snag only 1 percent of stimulus aid? (Photo: city-data.com) Calling himself "an angry Norwegian," Larsen asked U.S. DOT undersecretary Roy Kienitz to explain […]