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Re: Transfer mystery

Posted by BusMgr on Thu Jan 14 12:17:11 2021, in response to Re: Transfer mystery, posted by BusRider on Thu Jan 14 04:34:00 2021.

The subway in New York City was funded and always owned by the City. It was operated by the IRT and BRT (later BMT). Eventually, the City, yielding to political pressure to maintain the nickel fare, starved the two rapid transit operators of sufficient operating revenue, and acquired their operations (around the same time the City also acquired North Shore Bus Co. in eastern Queens, Comprehensive and East Side Omnibus in Manhattan, and Isle Transportation in Staten Island). In more recent years a related strategy was used by City, with it funding and owning buses, while private companies operated them. So there has been a history of public0-private partnerships. But PPPs raise the question of who is really in charge of the big ideas. In other words, should PPPs be government assistance to private company ideas on what services to provide and how to innovate? Or do the private companies merely operate service mindlessly that the government devises? Should services be established to achieve a private goal of being financially sustainable, or a public goal of achieving some social good? PPPs sound good, but they can mask hard decision-making.

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