Re: As America ages, public transportation will grow (1319993) | |||
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Re: As America ages, public transportation will grow |
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Posted by Olog-hai on Wed Oct 22 03:02:46 2014, in response to Re: As America ages, public transportation will grow, posted by GP38/R42 Chris on Mon Oct 20 14:35:18 2014. And one of the reasons for that was the government demanding they keep the fare at 5 cents for almost 50 yearsThat wrecked business like crazy. The IND was forced to charge higher fares by Albany, ironically. The fare went up to 10¢ in 1947, which works out to $1.07 in 2014 dollars. Today's $2.50 fare would have been 23¢ back then; would people have paid that much to ride the subway? Maybe. |
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