The Trans-Texas Corridor looks like it may get rerouted to go through Houston. As traffic is a big issue in Houston--and, a key part of our mayor's platform--I don't know if the benefit to the local market will outweigh the cost of traffic, but I'm hoping that it'd go through Grand Parkway rather than down 59 or 610.
I like the focus on commuter rails in Houston--surely a result of gas prices. It'd be nice to have a low energy-consumption society, as Paul Krugman depicts in a previously mentioned article, but I previously worried that Houston was going about this the wrong way. Dallas has a great system, with rails that parallel major highways, and according to this news report, Houston is looking to do the same. If this gets off the ground, I may not complain as much about a Trans-Texas Corridor through the city.
The IRF predicted that Houston, so far lightly hit by the credit crunch, will be hit much harder later in the year. The IRF is an essential resource in Houston, and it'd be nice if it was expanded.
Also, I would like to see statistics showing the efficacy of teacher bonus incentives that prompt such news articles regarding HISD as this.
Still, the Texas economy as a whole seems to be doing fairly decently. Fifth in the country? Not too bad. Besides that, Kiplinger says that Houston is the best city to live in the United States, with Austin also making the top 10.
In personal news, I recently got my BS in Economics, and am hoping to soon start graduate work. That's my excuse for not updating this blog very often. Maybe I'll ask Dr. Barton Smith of the IRF if I can work with him in his regional work.