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October 16, 2012

New York’s Blue Suicide

The high cost structure of building and operating transit in New York
is one of the things casting a deeper and deeper blight across the region, part of a pattern of high-cost, high regulation governance that effectively strangles the middle class. Transit unions, construction unions, crony capitalism among contractors and politicians, and crazy-quilt regulations add huge burdens to the management of an essential city service. Inexorably, taxes and fares rise for the whole region as the increasingly bulky and inefficient transit system, vampire-like, sucks more and more blood from its host. -- | Via Meadia

Posted by gerardvanderleun at October 16, 2012 12:20 PM. This is an entry on the sideblog of American Digest: Check it out.

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You read it so I don't have to.
No comments, no balls.

Posted by: dr kill at October 16, 2012 6:17 PM

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