You see that's where you're off a bit, the conclusion I come to is that
people will support mass transit, if someone else pays for it, the cost
of the alternatives is made artificially high. That was the whole point
of the article.
Bob Sullivan wrote:
Scott,
Good article from the Federal Reserve of St.Louis.
I especially like the part that says,
"Based solely on dollar costs, the annual light-
rail subsidies could instead be used to buy an
environmentally friendly hybrid Toyota Prius
every five years for each poor rider and even
to pay annual maintenance costs of $6,000.
Increases in polution would be minimal with the
hybrid vehicle, and 7,700 new vehicles on the
roadway would result in only 0.5 percent increase
in traffic congestion. And there would still be funds
left over - about $49 million per year. These funds
could be given to all other MetroLink riders
(amounting to roughly $1,045 per person per year)
and be used for cab fare, bus fare, etc."
PJ, it's the public's choice NOT to support mass transit.
Always has been. Taxes never killed it, cars and suburbia did.
Regards, Bob S.
On Thu, Dec 4, 2008 at 12:10 PM, Scott Loveless <[EMAIL PROTECTED]> wrote:
On 12/4/08, Bob Sullivan <[EMAIL PROTECTED]> wrote:
Oh well, I guess a couple of A's and a B+ ourtank my Masters Thesis in
urban transportation planning, and work experience in Cost and
Economic Analysis for the railroad plus 24 years at Mickey D's doing
Real Estate Market planning. Oh well... Regards, Bob S.
This is an interesting read.
<http://research.stlouisfed.org/publications/regional/04/07/light_rail.pdf>
--
Scott Loveless
New Cumberland, Pennsylvania, USA
http://www.twosixteen.com/fivetoedsloth/
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