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By A Smith (anonymous) | Posted April 29, 2009 at 13:07:03
Jason >> Is there anyway to see the city's research showing a greater economic benefit with two-way LRT?
LRT is FAR less effective at promoting economic growth than is capping government spending. Boston had rail transit for decades, but it took a cap on city spending to actually bring the city's economy back to life. It also resulted in much lower tax rates (from over 2% in 1985 to 1.11 in 2008) and stopped the population exodus that occurred while the city had lots of rail transit.
If LRT is so effective at promoting economic growth, how do you explain it's failure in Boston? Perhaps Ryan would also like to take a shot at this question, seeing that he has been completely silent on this point. If I didn't know better, I might think he is avoiding the Boston example because he doesn't have an explanation. :)
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