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Re: a reminder about what socialism is, was 10 things NYC should do now that Amazon HQ2 deal is over

Posted by Jackson Park B Train on Tue Feb 19 14:20:51 2019, in response to Re: a reminder about what socialism is, was 10 things NYC should do now that Amazon HQ2 deal is over, posted by Mitch45 on Tue Feb 19 13:50:05 2019.

yes, and as I havbe said at least once before in this thread, ZERO public transit operations turn a profit fully accounted. The Hong Kong exception relies on ownership/lease proceeds from real estate parcels--sort of as if MTA owned acres of midtown office blocks adjacent the various subways.
As an aside, when the Northwest Territory Act was passed over 2 centuries ago, it specified the grid plan for lots in the new states 9west of the Ohio River etc). In each "etownship" lot 16 was to be owned by the local board of education. In Chicago, some of that turned out to be in the Loop.


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