Most of those were also existing bus riders therefore

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Unformatted text preview: $35 billion. This combined investment of $76 billion would do nothing to actually expand bus and rail and meet the pent up demand for additional transit services. Addressing the needs for both maintenance and expanded service would require even further investments. 32 | P a g e Mass Transit Negative BDL Spending Link [____] Mass Transit is expensive, it costs over $125,000 per passenger! Financial God 2012 (Financial God “Cars Are the Mass-Transit Solution of the Future”, DM) Public agency corruption Mass transit is becoming more and more expensive, and cities everywhere are decrying a lack of funding. It costs hundreds of millions to billions of dollars to build new lines, and because mass transit corporations are usually taxpayer-funded public organizations, they not only hold a local market monopoly due to government privilege, but they also hold a gun to the local citizen’s head. If they don’t get the exorbitant compensation increases they feel they deserve, they can bring the city to a grinding halt. The city I live in recently extended a subway line and constructed a few new stations at a total cost of nearly $1 billion, and even the transit agency itself estimates that only around 8,000 people use this new line. Most of those were also existing bus riders. Therefore, the government spent around $125,000 per passenger so that they could sit in a train in a dark tunnel for a few kilometers, instead of a bus. Talk about a massive waste of resources! That money could have been spent elsewhere for a better return, or, better yet, could have been returned to the taxpayers. Keep in mind that maintenance costs for the tunnel, workers and trains also amount to another tens of millions per year. I wonder how many people pocketed out of that deal. Mass transit is expensive Building elevated rail or subterranean tunnels is very expensive and prone to significant cost overruns and corruption, as the government overpays and construction companies profit from mismanagement of public funds. Elevated rail also has the extra cost of “not in my backyard” protests and compensation. At-grade rail is less expensive, but imposes significant penalties in the form of eminent domain evictions, grade-crossings, and slower transportation speeds. It is one of the worst ways of building a mass-transportation network, except where it is historical and a tourist attraction in places like San Francisco and Toronto. Mass-transportation lines are also rigid. They cannot easily accommodate shifting patterns of demand. A grid network would be more flexible, but costs are usually so prohibitive that these are only built in places where they really make sense , like Manhattan. 33 | P a g e Mass Transit Negative BDL Federalism Link [____] Federal involvement in mass transit would be a deep blow to federalism Samuel Staley, senior research fellow with the Reason Foundation, associate director of the DeVoe L Moore Ce...
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This document was uploaded on 02/06/2014.

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