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| Re: Daily News Demagogic Fare Hike Piece (537674) | |||
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Re: Daily News Demagogic Fare Hike Piece |
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Posted by Marc A. Rivlin on Thu Dec 20 23:53:46 2007, in response to Re: Daily News Demagogic Fare Hike Piece, posted by Russ on Thu Dec 20 12:46:58 2007. No, it's not a good reason. It's a political excuse. The State and the City have undersubsidized both the capital and operating budgets at the MTA over the past 14 years.If the subways had been run like this over the past 50 years, with capital spending from farebox-backed debt, we'd have a great system and $8.00 fares to cover $6 billion? $10 billion? a year in debt service. If the whole state is paying for building Interstate 86 and for maintenance and reconstruction on the LIE and the Gowanus, then the whole state should pay for more of the MTA's operating and capital expenses. End rant. |
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