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Old 11-30-2014, 07:25 AM
 
Location: BK All Day
4,480 posts, read 8,354,471 times
Reputation: 4288

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Quote:
Originally Posted by rlrl View Post
ill be underground, but not in the subway!!
I knew you were a mole person.
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Old 11-30-2014, 09:12 AM
 
128 posts, read 162,422 times
Reputation: 123
2050
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Old 12-01-2014, 10:36 AM
 
Location: Brooklyn, New York
3,285 posts, read 3,514,581 times
Reputation: 2909
Quote:
Originally Posted by BrownstoneNY View Post
On the other hand, in London (as Arxis noted), you'd pay close to $5 for the equivalent of a ride from, say, Park Slope to Midtown, and as much as $15 for the equivalent of a ride from, say, Coney Island to Wakefield.
Its London though, and a lot of that has to do with expensive pounds. The items in London that are in NYC for McDonalds' dollar menu cost $2 there.
I remember before the 2008 crisis and the collapse of the pound/dollar rates, some of the McDonalds dollar menu stuff cost $3 in London.
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Old 12-01-2014, 11:13 AM
 
Location: NYPD"s 30th Precinct
2,420 posts, read 4,222,977 times
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Quote:
Originally Posted by muzic072014 View Post
2050
Waaaaay to early. That'd require a 21 cent increase every single year between now and then.
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Old 12-01-2014, 11:45 AM
 
Location: NY/LA
3,113 posts, read 2,580,459 times
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Quote:
Originally Posted by Febtober View Post
Waaaaay to early. That'd require a 21 cent increase every single year between now and then.
I wouldn't be surprised to see $10 fares in 2050, that's 35 years from now. Thirty-five years ago, the fare was 50 cents, now it's 5x that.
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Old 12-01-2014, 12:20 PM
 
10,096 posts, read 8,545,398 times
Reputation: 5948
The MTA's funding scheme is always tenuous, and less than half their expense are covered by fares. If any of the other funding sources dry up, you could see big fare increases.
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Old 12-01-2014, 12:58 PM
 
Location: Plandome, NY
7,048 posts, read 7,687,520 times
Reputation: 3889
Quote:
Originally Posted by BBMW View Post
The MTA's funding scheme is always tenuous, and less than half their expense are covered by fares. If any of the other funding sources dry up, you could see big fare increases.
Then MTA should dramatically lower their expenses.
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Old 12-01-2014, 12:59 PM
 
Location: NYC
2,490 posts, read 3,845,004 times
Reputation: 2138
As someone who has to pay $6 each way for an express bus, when back in 2004, I was paying $3 each way, I think it's insane what we have to shell out just to get to/from work.

I long for the day I can just get in my car and drive to work. Praying it's soon.
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Old 12-01-2014, 01:00 PM
 
Location: Brooklyn, New York
3,285 posts, read 3,514,581 times
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Quote:
Originally Posted by BBMW View Post
The MTA's funding scheme is always tenuous, and less than half their expense are covered by fares. If any of the other funding sources dry up, you could see big fare increases.
There are no other funding sources other than borrowing. Despite popular opinion, the MTA is a STATE agency, not CITY agency. The head of the MTA is nominated by the governor and the budget comes from the state. Cuomo is not a fun of it or other public transportation and tries to cut its budget every time. MTA exists by borrowing, and now is something like $19 billion dollars in debt. The only solution here is to transfer MTA from upstate to the city government... but good luck with that.
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Old 12-01-2014, 01:42 PM
 
10,096 posts, read 8,545,398 times
Reputation: 5948
The reason it went to the state was, IIRC, that the city couldn't afford it.

Quote:
Originally Posted by Gantz View Post
There are no other funding sources other than borrowing. Despite popular opinion, the MTA is a STATE agency, not CITY agency. The head of the MTA is nominated by the governor and the budget comes from the state. Cuomo is not a fun of it or other public transportation and tries to cut its budget every time. MTA exists by borrowing, and now is something like $19 billion dollars in debt. The only solution here is to transfer MTA from upstate to the city government... but good luck with that.
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