by Randall Pozdena, Ph.D.
The Portland region is rated the 24th most congested metropolitan area in the country, but it does not have to be. Policymakers in Portland have focused on so-called “smart-growth” policies, limiting the geographic extent of development and developing light rail and streetcar infrastructure, while overlooking lower-cost, efficient and environmentally beneficial transit and roadway capacity solutions. In this report, Dr. Randall Pozdena presents the fundamental problems with the way Portland addresses roadway capacity issues, explains why systemic reform is needed, and proposes real recommendations for getting there.
Cascade Policy Institute just released a major economic study which uses two different methods to analyze the impact that the higher tax rates of Measures 66 and 67 will have on Oregon’s economy if approved by voters on January 26. Written by two prominent Oregon economists, Drs. Randall Pozdena and Eric Fruits, the study concludes that:
- Preliminary estimates made last June by Drs. William Conerly and Randall Pozdena of 70,000 jobs lost over time are entirely plausible and may even be conservative.
The study measures the likely economic impacts of the measures in these two ways: (more…)