NYC to Have $1.3 Billion Surplus, Where Would You Spend it? (subway, money)

[lkm370]

For the love of god, start fixing the damned subways. I'm off Grand and us hipsters are tired of missing our spoken word and kombucha parties off Bedford

[bill83]

Debt reduction.

[Bronxguyanese]

Originally Posted by lkm370

For the love of god, start fixing the damned subways. I'm off Grand and us hipsters are tired of missing our spoken word and kombucha parties off Bedford

The Feds need to step in and fix the subway system. Both the city and state have already the transit system already. But the Feds also does not have enough money. Every year they go through fiscal cliff scenario.

[lkm370]

Originally Posted by Bronxguyanese

The Feds need to step in and fix the subway system. Both the city and state have already mismanagement the transit system already. But the Feds also does not have enough money. Every year they go through fiscal cliff scenario.

I'd be all for it. We have the worst subway system in the modern world. Its a freakin embarrassment.

[Dangerous-Boy]

transportation and sanitation or other infrastructure

If that isn't possible, save it for a rainy day.

De Blasio doesn't know how to handle money.

[mosdefinitely]

Education. The public school systems in the boroughs are pretty notorious to be at a low level across the board for the most part.

[BeerGeek40]

Education? Please.

Do you know how many dollars have been thrown at education in past 50 years?

Put the money in the bank (and better yet, invest it!) for the inevitable time when NYC is NOT running a surplus.

[sirtiger]

Originally Posted by NyWriterdude

The city should significantly contribute to the MTA's capital budget. The subway system needs not only upgrades, it needs expansions.

sounds good in theory but MTA seems to find a way to flush money down the toilet like irresponsible little kids

[vision33r]

Start fixing the potholes quickly, the roads are awful.

[NyWriterdude]

Originally Posted by Bronxguyanese

The Feds need to step in and fix the subway system. Both the city and state have already the transit system already. But the Feds also does not have enough money. Every year they go through fiscal cliff scenario.

The federal government spends over a trillion a year. So they do have the money to put into the city and other cities mass transit system. Of course this could involve them cutting spending elsewhere.

Or alternatively the federal government could borrow the money to fix the subway system (the fiscal cliff is about raising the debt ceiling) and pay off the debt by printing money if it has too.

The feds loaned Los Angeles 30 billion dollars to massive expand their train system. LA is paying the feds back via a percentage of the sales tax.