November 1, 2006

NOW THAT'S A SUPER HIGHWAY:

Trans Texas Corridor Will Inject Billions Into State’s Economy, Study Says (KWTX, October 30, 2006)

The multi-billion-dollar Trans Texas Corridor will pump billions of dollars into the state’s economy and will create millions of jobs according to a new study by Waco-based economist Ray Perryman.

In “Moving Into Prosperity: The Potential Impact of the Trans-Texas Corridor on Business Activity in Texas,” Perryman says the project will make the state’s economy more competitive.

“Because the TTC enhances efficiency, improves logistics, and reduces transportation time and costs, it increases the ability of companies within the region to expand intrastate trade and operations, and, thus, increase market size and market share on a global basis,” Perryman said.

The report estimates the economic impact over 25-years of the Interstate 35 leg of the project at $1.4 trillion.


Pretty funny to hear the nativists argue that the downside of the route is that it will improve the flow of labor and goods.

Posted by Orrin Judd at November 1, 2006 4:08 PM
Comments

It's opposed by many grassroots conservatives because of the potential land grab, the toll roads, and the de facto ownership of the project by a foreign company.

Harris County toyed with selling off its toll road assets here recently, only to decide that would have been a dumb dumb dumb policy move.

Perry has jumped on the TTC finance mechanism as an alternative to raising the gas tax. You should oppose it, Orrin, on the grounds that the only other way to finance new roads is likely to be a hike in the gas tax here!

Posted by: kevin whited at November 1, 2006 5:06 PM

kevin:

Not only do I want it to be easier for Mexican goods and workers to get to NH, but I favor paving all of Texas.

Posted by: oj at November 1, 2006 5:15 PM

Well, you are right about the "flow of labor".

And before we pave a large state like Texas, wouldn't it be better to do prototype and start with one of those eastern states? Vermont seems to be still up to its eyeballs in 60s Leftists leftovers, but I hear the Libertarians are finished with New Hampshire, so it's now available.


Posted by: Raoul Ortega at November 1, 2006 5:46 PM

Vermont is beautiful.

Posted by: oj at November 1, 2006 5:52 PM

Only if you don't have to live in those picturesque shacks with newspaper insulation and plastic on the windows.

Posted by: erp at November 1, 2006 6:07 PM

One can only wrap so much fish.

Posted by: oj at November 1, 2006 6:22 PM

Vermont is Appalachia North.

Posted by: erp at November 1, 2006 9:07 PM
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