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Georg Grassmueck



Articles by Georg Grassmueck

Public Transit Projects Are the Perfect Recipe for Financial Disaster

March 3, 2023

The largest urban mass-transit systems across the US are entering an all too familiar point in their long history: another looming financial disaster caused by financial mismanagement and the consequences of covid. No urban transit system exemplifies this problem more than the Metropolitan Transportation Authority (MTA) in New York.
Ridership in New York has not rebounded to precovid levels, and the MTA is projected to have a funding gap of $1.6 billion in 2026 despite proposing a 5.5 percent increase in fares and tolls. At the same time, New York governor Kathy Hochul and MTA announced in January 2022 the second phase of the Second Avenue subway. The extension of the subway line in New York by 1.6 miles will cost an estimated $6.3 billion ($3.9 billion per mile),

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No, More Bureaucracy Would NOT Have Saved Trump’s Paycheck Protection Program

April 1, 2022

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The Real Reason Politicians Want Legal Cannabis Is Tax Money

December 28, 2021

The latest two states to legalize recreational cannabis are New York and New Jersey. However, if one believes governors and legislators in those states have finally adopted a more libertarian view of the topic, one will be severely disappointed. Legalization of recreational cannabis in both states is driven by the need for tax revenue—tax revenue to plug the holes in state budgets for social programs, holes in the state budget that were exasperated by the failed covid policies in both states. Politicians, clever as they are in hiding their true intentions for public policy changes, want the public to believe that legalization is mostly aimed at ending decades-long practices of racist cannabis enforcement, pointing to the disparities in drug enforcement. However,

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Pennsylvania’s Lockdown Rules Were Arbitrary, Inconsistent, and Political

January 30, 2021

On October 6, 2020, the auditor general of Pennsylvania, Eugene DePasquale, released a status update on his ongoing audit of the Pennsylvania Department of Community and Economic Development (DCED) waiver process for businesses that appealed Governor Wolf’s covid-19 closure order. To everyone’s surprise, the auditor general concluded that his office discovered inconsistencies and puzzling decisions in the business waiver process.
On March 19, Governor Tom Wolf ordered businesses not categorized as “life-sustaining” to close in order to slow the spread of covid-19, however, businesses could request a waiver to remain open. Immediately afterward, numerous business owners and legislators complained that the waiver process lacked transparency. On April 30, the auditor

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