I am back again for another bout with Tom: If you are anywhere near a radio this mornings, I will be the guest hosting “Bloomberg Surveillance” with Tom Keene from 8:00 – 10 am.

You can catch it live, or via podcast at Bloomberg or at iTunes.

Always lots of fun . . .

Category: Media

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

One Response to “Guest Hosting: Bloomberg Radio 8-10 am”

  1. petessake says:

    While I tremendously appreciate the sounding board of usually rational economic and policy thoughts from this site, rarely one is incomplete. The dogma to ‘raise the gas tax’ lacks empirical data and respect for scientific knowledge foist with straw men. Perhaps this is a BoWa dogma also championed by guest, Dr. Bovino. The science is that an average truck axle supporting 10 tons rolling over our roads causes 160,000 times more damage than is caused by one car axle support 0.5 tons. A GOA review noted that one heavy truck exponentially causes more road damage than 9,600 cars.

    “The U.S. Department of Transportation in its most recent Highway Cost Allocation Study estimated that light single-unit trucks, operating at less than 25,000 pounds, pay 150 percent of their road costs while the heaviest tractor-trailer combination trucks, weighing over 100,000 pounds, pay only 50 percent of their road costs.”

    See also: http://archive.gao.gov/f0302/109884.pdf and https://www.fhwa.dot.gov/reports/tswstudy/TSWwp3.pdf

    Heavy trucks cause an exponentially greater damage to roads yet are not paying anywhere near costs commensurate to the damages they cause. Instead the gas tax, and an increased gas tax, largely is a transfer payment or socialization of truckings exponential damages to the more numerous car traffic which causes negligible road damage. The empirical, scientific method to remedy our highway infrastructure cost needs is to make the heavy trucks PAY their proportional share commensurate to the damage they cause. The gas tax, either present or raising it, will not bridge the exponential chasm, raising the gas tax merely increases the socialization of the costs of trucking – so the remedy is to make truck registration fees match the exponential highway damages they cause while also aligning car registration fees commensurate with the negligible road damage cars cause.