Quote:
Originally Posted by queensgrl
So based on your analysis, the nyc transit portion of the mta isn't profitable but the tbta is? Is that what you're saying? So there's a pool of available money from the tbta that's currently unused?
|
Yes. NYCT (bus & subway) could not continue it's day to day operations because of budget crisis during the Rockerfeller era. Leading to his consolidation (by permission) incorporating Robert Moses & the TBTA into the current day MTA.
This stands true today- removing TBTA money from the equation, and subway/bus fares would need to double to keep budget.
NYCT bleeds money- as do nearly ALL public transit systems in the world. The only difference we see in huge urban cities like Tokyo, Paris, London is that there is an amount of federal monies getting pushed into the system, as it is considered of national importance to both the Capital and Largest cities in those respective countries, USA is an exception to this rule, as NYC is an anomaly to typical american living.
... and until NYC MTA can create a transit system that is timely, cost-efficient, has a far lower energy usage/carbon footprint than private transit, I can't see a single reason why the feds, or any taxpayer should pump money into that system.
You can easily bring into your project all the recent Payroll Repeal lawsuits and follow on that.