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New York City’s subway and bus service is already in crisis. It could be getting worse. And more expensive.
Officials at the Metropolitan Transportation Authority (MTA) warned last week that without a major infusion of cash, they will have to drastically cut service or increase fares on the system that carries millions of New Yorkers around the city.
[...] The system’s financial straits have gotten worse in part because it has fewer riders, and is collecting less money in fares. Expected passenger revenue over a five-year period has dropped by $485m since July.
“They’ve entered this death spiral,” said Benjamin Kabak, who runs the transit website Second Avenue Sagas. “The subway service and the bus service has become unreliable enough for people to stop using it. If people aren’t using it, there’s less money, and they have to keep raising fares without delivering better service.”
Bike-sharing and ride-hailing apps have emerged as alternatives for commuters. Is mass transit finding itself in a valley of death between those who are price-conscious and those who want maximum convenience?
(Score: 0) by Anonymous Coward on Thursday November 22 2018, @09:43AM
The subway was privately built. The government put a price cap on fares, then didn't change it while 40 years of inflation happened. The companies were forced into bankruptcy and thus the government took control.
So your point that it "hasn't had any significant new work done on it since something like the 1940s" checks out with that change. Yeah, socialism!