This week, the Poughkeepsie Journal circulated a story about increased scrutiny on the Port Authority following the Gov. Chris Christie scandal. TCF senior fellow Richard Leone is quoted about existing system abuses by the Authority.
“These guys have been drunk on their own power (and) short-term thinking that has been crippling,” said Richard C. Leone, a former Port Authority chairman who left in 1994. The board simply let the governors of both states walk all over them, he said.
Read the full article here.
Blogger Jacob Anbinder discusses what happens when a city like Cleveland loses an airline hub due to mergers or airline closings. The answer: it's a mixed bag. What isn't mixed, though, is the airline industry's trend toward oligopoly.READ MORE
But just outside the stadium, a different drama began to unfold shortly after the game, writes Jacob Anbinder.READ MORE
Atlanta is a notoriously car-dependent city. But less than a year from now, downtown drivers in Georgia’s capital will have a new rival for the road: the Atlanta Streetcar. Blogger Jacob Anbinder writes about the inherent issues with cities spending more on less efficient streetcars than mass transit.READ MORE
For much of the fall, the Department of Justice seemed ready for a fight in the US Airways-American Airlines merger, claiming it would result in decreased competition and higher fares for air travelers. Last week, however, Attorney General Eric Holder announced a settlement that was, in the words of one New York Times analyst, “basically a face-saver.” Jacob Anbinder delves into the potentially problematic existence of airline hubs.READ MORE
In recent decades, and especially since 2000, the richest Americans have enjoyed soaring income and wealth while the rest of the population's living standards have stagnated. The Century Foundation was one of the first institutions to raise serious concerns about these trends and propose ideas for improving economic conditions for all Americans- not just the fortunate few.
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