04:55 GMT +316 October 2018
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    A Streetcar Named Induced Demand on the 405

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    Max Keiser, Stacy Herbert

    On today’s episode of Double Down, hosts Max Keiser and Stacy Herbert are joined by energy transition expert, Gregor Macdonald of Gregor.us to discuss why the 405 Freeway is still congested.

    The 405 Freeway in Los Angeles recently received a billion dollar extra lane to reduce congestion. Instead, congestion stayed the same. Double Down talks to Gregor Macdonald about how ‘induced demand’ thwarted the best laid plans and what this means for Trump’s infrastructure plans. Gregor suggests that the likes of Portland, Oregon are world-class examples of how infrastructure plans can actually succeed in making a more liveable and practical city.

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    infrastructure, energy, 405 Freeway, Los Angeles
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