Thursday, May 10, 2012

PT Equals TRA

As Gilbert and Perl explain, if a Federal "Transportation Redevelopment Agency" (TRA) were created to create a new non-oil based transportation system; the key is to plan for "policy termination." (PT).

An example of policy termination gone awry was the minting of Susan B. Anthony dollar coins. The simple goal to eliminate the cost of the dollar bill by conversion to a coin was a logical government cost savings. There were no plans for terminating the paper dollar other than creating the coin. Absent a policy termination plan, the coins were unused.


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