A Quote by Joe Lonsdale
Hours wasted in traffic represent not only lost wages but enormous amounts of economic activity that might have happened. Congestion indirectly increases consumer prices, makes travel times unreliable for commuters and truckers, and precludes many people from accessing jobs in urban hubs.
Related Quotes
Australia has an economic interest in ensuring our cities have 21st century urban rail transport to reduce traffic congestion.
America faces a mounting transportation crisis, and the primary culprit is road congestion. Traffic makes us unhealthy, wastes enormous amounts of time, and cripples national productivity. America needs expanded roads and transportation infrastructure, but traditional gas tax funding is no longer available.
Rising prices or wages do not cause inflation; they only report it. They represent an essential form of economic speech, sincemoney isjust another form of information.
As people talk, text and browse, telecommunication networks are capturing urban flows in real time and crystallizing them as Google's traffic congestion maps.
As people talk, text and browse, telecommunication networks are capturing urban flows in real time and crystallizing them as Googles traffic congestion maps.
The youth of Taiwan not only have to face the harsh reality of low wages and high commodity and housing prices, but due to the lack of employment opportunities, many young people are forced to leave their home towns to search for jobs in the cities.
There is no magical solution because urban traffic congestion arises from the fact that a lot of people want to be in the same place at the same time often.
Over the years, we have lost millions of decent paying jobs. These trade agreements have forced wages down in America so the average worker in America today is working longer hours for lower wages.
But, at the end of the day, we need to represent the taxpayers who have made enormous sacrifices. Many have lost their jobs. Many of them have seen their companies - they don't have a pension - they have seen their companies cut the match for their 401(k). They have seen their health care benefits be shredded.
You can't tell me you can make any system or country work with low wages and high prices, and high wages with high prices don't mean anything when the prices eat up the wages and don't leave anything over.
As many people know, our job market problems began long before the latest recession. We have faced literally decades with no substantive increase in median wages, and job growth, except in health and government jobs such as education, has been stagnant for a while. People are now expected to travel more and to work at odd hours to coordinate with people all over the world. Simply put, companies have prospered, but for the most part, people have not.
I've developed my passion for cars that drive themselves from being stuck in traffic for many, many, many hours of my life. I don't know what it adds up to, but I feel like I've lost a year or two just in traffic. That's big to me. That's a lot of time, a lot of money that I just lose on the road.
House prices have risen by nearly 25 percent over the past two years. Although speculative activity has increased in some areas, at a national level these price increases largely reflect strong economic fundamentals.
I come from the school of thought that says when people have more money in their pocket during economic times, it increases demand or investment. Small businesses begin to grow, and jobs are added.
There is no such thing as agflation. Rising commodity prices, or increases in any prices, do not cause inflation. Inflation is what causes prices to rise. Of course, in market economies, prices for individual goods and services rise and fall based on changes in supply and demand, but it is only through inflation that prices rise in aggregate.
By managing the speed of traffic and opening the hard shoulder as a new running lane in times of congestion, the M42 pilot showed that it is possible to smooth traffic flow and improve journey reliability safely on a seriously congested route. And it has proved popular with drivers whose motoring experience has improved.
Related Authors
Bill Gates Quotes
American
Businessman
Charlie Munger Quotes
American
Businessman
Dieter F. Uchtdorf Quotes
German
Businessman
Henry Ford Quotes
American
Businessman
Jim Rohn Quotes
American
Businessman
Joseph B. Wirthlin Quotes
American
Businessman
Mark Cuban Quotes
American
Businessman
Mark Zuckerberg Quotes
American
Businessman
Peter Drucker Quotes
American
Businessman
Richard Branson Quotes
British
Businessman
Russell Simmons Quotes
American
Businessman
Sam Altman Quotes
American
Businessman
Steve Jobs Quotes
American
Businessman
Tom Peters Quotes
American
Businessman
Walt Disney Quotes
American
Businessman
Warren Buffett Quotes
American
Businessman