Is Traffic Congestion Growing Three Times As Fast As Economy?
cartechboy writes "Math watch time: For many traffic analysts, INRIX is considered the gold-standard. This week the company says traffic congestion surged in 2013 and grew over three times as fast as the American economy. The bad news: If true, this reverses two consecutive years of traffic declines with a six percent increase in 2013. (GDP, by comparison, grew 1.9 percent last year.) The analysts then theorize links between economic growth and traffic congestion, which makes sense on the surface. (As the economy improves, more jobs are created, so more commuters on the roads) But INRIX's theory creates as many questions as it answers. For example, the U.S. GDP has been steadily growing since 2009. So why did congestion decline in 2011 and 2012?"
So why did congestion decline in 2011 and 2012?
The false equivalence between GDP and labor (and therefore commuting.)
We're shedding workers. The labor participation rate is declining. GDP, like inflation, the unemployment rate, cost-of-living, etc. are political fictions derived from politically derived formulae.
The article keeps trying to compare GDP with employment. GDP has been increasing but yet unemployment is stuck at about 7%.
Why is that?
Because the "recovery" is not happening to the average guy. We are seeing a gutting of the middle class, more folks are getting (sometimes multiple) lesser jobs, and yet, companies profits are at record levels.
And in the meantime, the uultra-rich are getting ever more richer and scolding us peons that "we could be in India!" so shut the fuck up!
Income and capital gains taxes at 1950s level is what we need.
as the economy has come back, people have been forced to take jobs further from their homes - wherever they can get one.
with the housing market a mess, they also couldn't easily move closer to work.
when they can sell their houses, and move closer, or there are more jobs closer, we will see an adjustment.
personally, i want to see traffic hell. enough that we bring back light rail as a priority.
its stupid that we do not have lines running down the center of most highways in the country.
comment directly in my journal
See, people are too stupid to realize a bus with 60 people that gets defunded means there are now 60 more cars crammed onto the same failed underfunded highway infrastructure.
A 5 percent reduction in transit funding results in a 30 percent increase in traffic congestion and a 25-50 percent increase in commute times.
Penny-wise.
Pound-foolish.
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