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View Diary: I agree with The American Conservative. Wait, what? (241 comments)

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  •  So you could own the Brooklyn Bridge (2+ / 0-)
    Recommended by:
    Dirtandiron, pgm 01

    I wonder what the Laffer curve on the toll looks like. $15 one way? $20? Probably more.

    Don't let millionaires steal Social Security.
    I said, "Don't let millionaires steal Social Security!"

    by Leo in NJ on Tue Sep 04, 2012 at 08:09:29 AM PDT

    •  Toll pricing would depend on who owned the (2+ / 0-)
      Recommended by:
      Leo in NJ, Paul Rogers

      other bridges and tunnels.  If it were a monopoly, the only limit to the price would be pressure from other businesses whose employees could not get into the city. If it were too high and started to effect the business of other rich guys, the rates would have to drop or the other rich guys would find some way to get their people around the the tolls. As an oligopoly, prices would be lower but not competitive.  Without regulation, tolls could fluctuate based on time of day, you pay more for rush hour rates than off peak.

      Maybe the tolls themselves just accept a card and you pay for a card on a market with various firms fighting to give you the best price.  Jersey City toll cards guarantees the best price in the tri-state area.  Want a day of freedom in the city, go with Liberty toll cards.

      •  Crony capitalism. (1+ / 0-)
        Recommended by:
        pgm 01

        One could easily set up a big business entrenching mechanism with this.  Businesses participating in a program run by the toll owner get a bulk discount for their use, thus gaining an unfair advantage over those business's competitors.

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