Liberal Billionaire Complains About NYC Traffic, Tweets Idea to Hike Fares | NTK Network Liberal Billionaire Complains About NYC Traffic, Tweets Idea to Hike Fares

Liberal Billionaire Complains About NYC Traffic, Tweets Idea to Hike Fares

John Arnold, a billionaire and former Enron executive, thinks he can fix New York’s congestion by charging people to sit in bumper-to-bumper traffic.

By NTK Staff | 09.26.2018 @2:15pm
Liberal Billionaire Complains About NYC Traffic, Tweets Idea to Hike Fares

Liberal billionaire and former Enron executive John Arnold appears to be having a bad day. The Houston resident, apparently stuck in traffic, tweeted on Wednesday that New York City “desperately needs” solutions to its traffic congestion.

Pause a moment to allow generations of New Yorkers to roll their eyes at this revelation.

Arnold proposed three “solutions” to fix congestion: a first-class subway system; dynamic congestion pricing of traffic; and to move the United Nations, currently holding its general assembly meetings, “someplace else.”

For starters, New York already has a first-class subway system. Perhaps the billionaire did not deign to descend the same steps as Pizza Rat to get to his destination, resulting in his confusion on this point.

Secondly, when the president of the United States attends the UN’s General Assembly meetings, Secret Service works in conjunction with numerous public safety teams to safely and promptly cover the president’s movements throughout the city. Unfortunately for Arnold, that includes stopping traffic every so often in order to protect the chief executive. Surely Arnold, even if he opposes the current president, can respect the office enough to understand this.

Additionally, New York City’s Department of Transportation spent $500,000 on an advertising campaign warning people about the upcoming traffic challenges associated with the UN meeting. There’s little they can do if out-of-town guests don’t plan ahead.

Finally, and perhaps most controversially, Arnold proposed hiking the cost of sitting in traffic. That includes hiking the rates for bus fares and taxis. It would force ride-sharing companies like Uber and Lyft to increase surge pricing. And it would discourage people from commuting into busy areas like Manhattan from outer boroughs, New Jersey, or upstate New York. Gov. Andrew Cuomo (D-NY) said he supported such a move, but legislation stalled in Albany earlier this year.

The economic effects of a traffic tax would be devastating, hitting lower-income individuals and families harder than, say, liberal billionaires visiting from out of state. Then again, this is the same liberal billionaire who supported Michael Bloomberg’s soda tax and spent millions to recreate it in other cities, like Philadelphia.

Anyone who has visited the most populous city in the U.S. knows traffic is part of daily life there. Perhaps the city’s traffic made Arnold late to an important business meeting, but New Yorkers better hope that doesn’t result in a multi-million-dollar ad campaign pushing Mayor Bill de Blasio and other leaders to implement a traffic tax.

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