🚀 go-pugleaf

>John Whiteside (jwhitesi@concentric.net) wrote: 
> 
>: Don't ever expect it to be self-sufficient. Economic analysis shows
pretty 
>: consistently that the only way for mass transit to cover its costs is to

>: offer less service at a much higher price (thereby defeating the the 
>: purpose of mass transit). 
 
In the short history between the invention of practical MU controls and the
advent of the heavily subsidized private auto, (eassentially 1890-1916),
transit ivestment of all types -- rural, suburban, urban -- were considered
to have blue chip potential. 
 
If all subsidies were removed for all modes, one might have a fair starting
point; economic analysis without comparing subsidy is not analysis at all. 
 
Heck -- remove all subsidies, and we can retire  on our IRT stock <g>. 
 
Jim