Traveling the Way We Want.
How reducing traffic congestion can add billions of dollars in economic growth
to local economies Policy Study 371
David T. Hartgen and M. Gregory Fields
August 27, 2009
Traffic congestion increases costs to American businesses, workers and families. It increasingly takes more time and fuel to get where we want to go, costing us time and money. As traffic congestion worsens, it will significantly undermine the economic competitiveness of U.S. cities and regions.
Perhaps one reason policymakers have not done more to reduce gridlock is a lack of understanding about how congestion negatively impacts our cities and their competitiveness. What would be the benefits of achieving free-flow travel conditions on a regional scale? READ MORE
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Elections and Voting
The Necessity of Initiative 1125
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Prioritizing infrastructure that reduces traffic jams can spur big economic gains
August 27, 2009
With the economy stuck in a recession and Seattle facing a major budget deficit, a new Reason Foundation report finds that reducing traffic congestion and improving travel times could boost the region's economic output by as much as $13 billion a year.
The Reason Foundation report examines the impact that population growth and longer commute times will have on five areas across Seattle by 2030: Columbia Center, the University of Washington, Factoria Mall in Bellevue, Redmond, and Seattle-Tacoma International Airport. READ MORE |