A Cautionary Tale About Light Rail
Even before it opens, New Jersey's new light rail system is being derided for having with the worst financial performance in the nation.
Lightly travelled rail lines do little to serve transportation needs, but the costs can be spun into other benefits. George Warrington, the director of New Jersey Transit, acknowledges that the new light rail line will have "no noticeable effect on traffic congestion," but he describes the new system as an economic development project. "Private capital is gravitating back to downtowns across the state, and the anchor for much of that attraction is the train station."
Thanks to Zvi Leve
Published on Saturday, March 13, 2004 in
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