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| Re: Daily News Demagogic Fare Hike Piece (537873) | |||
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Re: Daily News Demagogic Fare Hike Piece |
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Posted by Russ on Fri Dec 21 10:09:15 2007, in response to Re: Daily News Demagogic Fare Hike Piece, posted by Edwards! on Fri Dec 21 10:02:02 2007. Perhaps...but you might want to ask THIS question...Why is the MTA in the RED..when they claim to have a SURPLUS of 500 MILLION..? Where did the 200 MILLION come from that the "used" to cover the $2 dollar base fare? In 2007, the MTA has a surplus. They are projecting massive deficits in coming years. NO ONE IS DISPUTING THESE COMING DEFICITS. That means that their projections are probably very realistic. If you spend this years surplus, instead of saving it, covering the future deficits will be far more difficult. That will mean a cut back on services, defferred maintenance, reduction in capital projects, and/or layoffs. Only looking at 2007 numbers is intellectually dishonest. |
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