I proved STY argument is invalid because it is incomplete. He needs to provide MORE information. All he provided as proof is a linked article, AFTER I had to ask for one.
AND STY's article does not support his argument.
An embedded article states:
"Davis (Chief Financial Officer Janice Davis) said staff has considered the potential for further traffic declines as a result of the rate increases. "But we think the additional revenue brought in will be sufficient" to compensate, she said.
The NTTA is not unique in confronting steadily declining traffic numbers. Over the past 18 months, Americans have simply begun driving less – prompting what the Federal Highway Administration has called among the longest sustained reduction in miles driven in U.S. history. As part of this trend, toll roads across America have seen revenues fall as well."
"toll roads across America have seen revenues fall as well."...Not every toll road across America has raised their toll rate, so it PROVES other factors like gas prices, rising unemployment ARE ALSO factors...
YOU were the one to bring up "econ 101"... but you don't seem to grasp simple econ 101...