According to a release from Williams researchers at the Edward J. Bloustein School of Planning and Public Policy estimate “the design and construction of the Northeast Supply Enhancement project will generate approximately $327 million in additional economic activity (GDP) in Pennsylvania, New Jersey, and New York. In addition, the project will directly and indirectly generate 3,186 jobs during the one-year construction period, resulting in an estimated $234 million in labor income.”
Robert Noland, professor of transportation planning and policy at Rutgers University in New Jersey, said: “Hyperloops are being designed with the hope of shooting people and cargo in pods through vacuum tubes at high speed.
“This concept was originally seen as a cheaper alternative to high speed rail in California.
“It is unlikely to be cheaper and is even less likely to be practical.Noland, transportation planning
Presidents from both parties routinely pause their predecessors’ rules, but Trump’s delays are lasting longer and reaching further — with targets including protections for student borrowers, standards for e-cigarettes, and expanded requirements that airlines report lost luggage. In one instance, a federal court found the approach illegal, providing fodder for future challenges.
“Obama did it to Bush. Bush did it to Clinton,” said Stuart Shapiro, a Rutgers University professor who served as a White House regulatory analyst under presidents Bill Clinton and George W. Bush. “But the extent of the regulations that we’re talking about — and the political importance and the impact — is greater in the Trump administration.”
“Theoretically, it’s a nice idea, but there is some risk,” said Professor Thomas Davis of the Bloustein School of Planning and Public Policy at Rutgers University. Davis has experience dealing with mini-bonds, but it’s not been positive.
Mini-bonds played a significant role in the demise of his former employer, Lehman Brothers, when each bond had to be marketed the old-fashioned way by going through big investment banks, which put up barriers to investment, such as trading fees ($50 for an equity trade, for instance).bond, economics, municipal budget, municipalities, New Jersey, Thomas Davis
There’s arguably no one who knows more about NJ Transit and its troubles than former Former Deputy Executive Director Martin Robins. He’s also the Founding Director of the Alan M. Voorhees Transportation Center.Amtrak, gateway tunnel, NJ Transit, Robins, transportation, Voorhees, VTC
The first day of major track repairs by Amtrak at New York Penn Station went off relatively smoothly for NJ Transit. This was because “NJ Transit had a straight forward plan and they executed it very well,” said Martin Robins, former deputy executive director of NJ Transit.
Asked whether Amtrak’s Labor Day deadline for completing the work at Penn Station can be met, Robins who is founding director of the Alan M. Voorhees Transportation Center, said, “Amtrak’s performance is not always perfect when it comes to capital improvements and timetables, but let’s cross our finger and hope…” Robins was speaking to Mary Alice Williams of NJTV News.Amtrak, gateway tunnel, Martin Robins, NJ Transit, transportation, VTC