Comments on: Video: The wrong track

By: Gotham Gazette - The Wonkster » Blog Archive » Weekly Web Wrap

Gotham Gazette - The Wonkster » Blog Archive » Weekly Web Wrap — Fri, 19 Dec 2008 23:01:49 +0000

[...] Is the Subway Going Back Down the Tubes? (New York Voices) [...]

By: herenthere

herenthere — Wed, 17 Dec 2008 03:40:47 +0000

Reply to Jim:
The MTA’s daily income definitely is not in the “Billions.” If it were, then they would not be in the deficit they are in now. In addition, you have to realize that there are also expenditures (payroll, maintenance, utilities, debt payment) involved that must be subtracted from the income.

By: Boris Suchkov

Boris Suchkov — Tue, 16 Dec 2008 19:55:22 +0000

You need to put those amounts in perspective. Compared to our war or highway expenditures, the MTA is fairly cheap and efficient. A mile of highway costs $50 million, and it carries many fewer people than a mile of railway.

By: Second Ave. Sagas | A New York City Subway Blog » Blog Archive » » PBS delves into the MTA’s financial crisis

Tue, 16 Dec 2008 17:34:44 +0000

[...] New York’s public television station is about to go in-depth on the MTA’s financial crisis. PBS’s Blueprint American program is going to air a New York Voices segment on the state of the MTA tonight. The segment airs at 8 p.m. and will feature an lengthy sit-down with Richard Ravitch. For more, check out the Blueprint America feature on the MTA. [...]

By: Jim

Jim — Tue, 16 Dec 2008 05:15:30 +0000

Ahem… Millions… I meant to type millions. *smack*

By: Jim

Jim — Tue, 16 Dec 2008 04:09:58 +0000

“Replacing and maintaining tracks runs the MTA about $303 million a year.” Which would be really quite a lot if the subway’s daily income weren’t in the BILLIONS of dollars. (you do the math, $2 fare x 5million daily ridership: http://mta.info/nyct/facts/ffsubway.htm)