Recent Streetsblog NYC posts about Economics

High Gas Prices Won’t Cure Gridlock

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It’s the New Math: a dollar-a-trip rise in the cost of fuel for a car trip to Manhattan is cutting traffic almost as much as Mayor Bloomberg’s eight-dollar toll plan would have done. Too good to be true, right? But that’s the slant of the front-page headline in today’s Times, "Politics Failed, but Fuel Prices […]

Mixed Messages From Critic of NY Gas Tax Holiday

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Following the lead of John McCain and Hillary Clinton, the State Senate voted yesterday to suspend New York’s gas tax for the summer. The move was largely symbolic, as the governor and Assembly speaker have both indicated they won’t support the bill. Senator Liz Krueger, a Democrat from Manhattan, immediately issued a statement condemning the […]

Fidler Waxes on “Haves” and “Have-Nots”

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In this five-minute speech, delivered at the Stonewall Democratic Club in Manhattan and captured by The Politicker, Council Member Lew Fidler draws on the 2005 mayoral campaign of Freddy Ferrer to rehash the old saw that congestion pricing would create a city of "haves" and "have-nots." "This is its stated purpose. This is exactly how […]