Calling congestion "self-correcting" is a convenient way to steer the subject away from congestion pricing. The argument is that drivers can bail when congestion "gets bad enough." Problem solved -- without collective (governmental) action requiring political leadership. Let's unpack that.
According to 2015 U.S. Census data, most households citywide don't own a car, car-owning households tend to be more affluent than car-free ones, and the vast majority of New Yorkers don't drive to work.