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by rayiner
1063 days ago
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The point is that “public investment” isn’t why transit systems in America suck. The government invested about 60% of Cross Rail capital costs, and the line will likely pay for itself in terms of operating costs. By contrast, the government paid for 100% of the costs for New York’s Second Avenue subway, and will pick up the check for more than half the operating costs too. The NYC MTA receives over $7 billion in public support annually, and routinely gets billions in federal infusions. It got a $15 billion covid bail out. Transport for a London meanwhile has gotten 3.6 billion pounds over the next two years as it comes out of covid. NYC’s public investment dwarf’s London’s. |
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