‘Doom spiral’ a risk for public transit in post-pandemic era
- Date: 06/13/2024
A new study from McGill University warns that cutting public transit service could lead to a “doom spiral” resulting in…
"In fighting the COVID-19 crisis, the Federal Reserve has used all of its monetary tools. A new recession is underway or, as some may say, it’s already here. When monetary policy isn’t enough, a country must turn towards fiscal policy. Right now, reviving the lagging US infrastructure sector may be the best approach: infrastructure creates economic growth, 5G cellular infrastructure will allow for faster data rates, a better electric grid allows us to drive electric cars and new roads reduce congestion and commute times."
Have more mobility news that we should be reading and sharing? Let us know! Reach out to Sage Kashner (kashner@ctaa.org).
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