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Overview of the Problem

I was, first, exposed to the job of traffic congestion in New House Of York City by an sharp Massachusetts Institute of Technology trained Economics Professor at Queens College (C.U.N.Y) - Dr. Michael Dohan. In his Price Theory & Distribution social class (during my first Master's Program), he suggested many economical thoughts to turn to the problem. As a substance of fact, he approached me to compose a thesis on the N.Y.C. traffic congestion job for my Master's programme (concentration in Economics). (For the interest of disclosure, I chose another 'non-traditional' topic for my thesis.)

Later, I started an extended research on the job of traffic congestion in New House Of York City (N.Y.C. traffic problem). N.Y.C. traffic problem's socioeconomic costs are exponentially growing each year. The socioeconomic costs will be expensive for everyone if we make not expeditiously and gingerly turn to New House Of House Of York City transportation system system challenges pointed out by the followers quotation mark -
In New York City, the greatest substructure challenge is our transportation system. Our mass-transit system transports a 3rd of America's commuter train trains every twenty-four hours via commuter rail, metroes and buses. We have got 7 million trips a twenty-four hours and we are at capacity. There have not been an enlargement of our system since the 1940s. Similarly, the streets and main roads that service New House Of House Of York City have got not grown and there is small possibility of expanding them (Wylde, 2007, parity 2).

Causes of the Problem

Limited Resources

Presently, New York City have 'many chain in the fire.' In other words, it is subsidizing (at least requested by Forest City Ratner) the Atlantic Ocean Yard Projects to the melody of $200 million (Naparstek, 2005). According to the eminent Harvard University trained Queens College professor and World Trade Center adviser Dr. St Martin D. Hanlon, the new World Trade Center will costs N.Y.C. over 10 billion dollars. Similarly, according to Wylde (2007), building of the well advertised (by the local media) new metro line on 2nd Avenue in Manhattan is estimated to be the cost of the building of the new World Trade Center. These immense working capital undertakings will take old age to complete. If we larn anything from the Iraki War/Project/Fiasco - the costs will be greater than the original calculations/estimates.

Short Term Thinking

During the flight from the urban centres to suburban area after World War two to the 1970s, New House Of York City transportation system system remained dead and/or reversed. Populace policy execution was geared toward suburbia's and Upstate New York's transportation system systems. In the mid 80s to the present time, N.Y.C. population rebounded to the amount of over 8 million residents. N.Y.C stays the Delaware facto working capital of the human race where billions of people visit the metropolis via the regional airports. For example, Lanthanum Guardia Airport (L.G.A.) annually processed 25 million riders while Toilet F. Jack Kennedy Airport (J.F.K.) annually processed over 40 million passengers. Millions more commuter trains commuted to work in the fiscal hub of the human race from the Tri-State countries and Pennsylvania. Despite the present circumstance of the inflow of people, commodity and services into N.Y.C arsenic demonstrated in the preceding paragraph, N.Y.C is very slow to do visionary/long term improvements in its transportation system system and infrastructure. For example, yellowish cabs traffic can be greatly reduced if a railroad railroad train system similar to the MARTA's train system in Atlanta, Empire State Of The South golf course Manhattan to L.G.A.

Effect of the Problem

Economic Costs

Again, the socioeconomic costs will be expensive for everyone involved as pointed out by the followers quotation mark -
"So today, as a consequence of the restrictions of our theodolite system and our main roadstead and roads, traffic congestion is among the greatest menaces to our city's fight and its ability to pull concern and endowment into New York. We are uncertain where the tipping point is, but there will come up a time
when it is simply too inconvenient, too undependable and too expensive to carry on concern in our cardinal concern territories because the trouble of moving commodity and people" (Wylde, 2007, parity 5).

Proposed Solutions

Recommended Solution

In my opinion, congestion pricing is the reply to the N.Y.C. traffic congestion job as projected by Professor Michael Dohan. According to the professor, congestion pricing is the pricing for the usage of roadstead during certain extremum clip of the day. Going by Dr. Dohan's analysis, congestion pricing would be the most effectual tool against traffic congestion. For example, Greater London (a metropolis similar to N.Y.C.), England and Stockholm, Kingdom Of Sweden are very successful in their several execution of congestion pricing (Wylde, 2007).

Alternate Solutions

Naparstek (2005) recommended other solutions such as as: better metro service and facilities; do inducements to take transit; bounds and pull off parking space; designing a great walker environment; acquire autobus rapid theodolite peal (B.R.T.), and make N.Y.C. More bike-friendly. For example, N.Y.C. parking spaces are very inexpensive and abundant in comparing to parking spaces in London, England. Naparstek (2005) recommended N.Y.C. to do terms more expensive and cut down parking spaces. In turn, commuter trains will be more than inclined to take cheaper populace transportation system rather than paying high parking fees. These solutions are replies to the N.Y.C. traffic problem. In other words, congestion pricing is only one piece of the N.Y.C. traffic puzzle.

Opposition to Recommended Solution

According to Schaller (2006), congestion pricing oppositions decried it as punitory and further taxation. Other oppositions claimed that the congestion pricing experimentation in Greater Greater London is unsuccessful because 62 percentage of concerns in London reported a driblet in clients since its execution (Schaller, 2006). To the first claim, the present cost suffered owed to the 'taxing' (pun intended) traffic congestion is more than dearly-won than congestion pricing. For example, the proverb - "foregoing a college instruction is more than expensive than obtaining a college education." To the 2nd claim, Greater London was suffering a terrible recession at the clip of the execution of congestion pricing as per Schaller (2006).

Next Steps

In conclusion, congestion pricing is a solution your disposal should seriously see to implement. Other feasible solutions were proposed in the above paragraphs. The every other solutions should be considered. Howbeit, the precedence should be placed on congestion pricing owed to the limited resources of N.Y.C. Opponents of congestion pricing will go on to assail it from their 'anti-tax' platform. For the long term, you have got to make what's necessary for the benefit of the socioeconomic verve of our city.