MASS TRANSIT: THE EXPENSIVE DREAM

The 1982 legislation which calls for 1 cent of the 5 cent increased Federal gasoline tax to be used for public transit is seen as having set cities to planning and building high-capital rail transit systems and extensions which are not justified. These systems have the potential for very large operating deficits which also call for more Federal subsidy, as well as increased community financial support. It is contended that requests for Federal funds will not be decided on their merits--whether a rail system will mean financial disaster for a specific city or whether it will bring the claimed benefits of reduced congestion, improved air quality and economic development. Efforts to establish criteria to rate projects meet political opposition. A series of examples from cities which are planning, building and operating rail transit are used to support the thrust of this article.

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  • Corporate Authors:

    McGraw-Hill, Incorporated

    330 West 42nd Street
    New York, NY  United States  10036
  • Publication Date: 1984-8-27

Media Info

  • Features: Figures; Tables;
  • Pagination: p. 62-69
  • Serial:
    • Business Week
    • Issue Number: 2857
    • Publisher: McGraw-Hill, Incorporated
    • ISSN: 0007-7135

Subject/Index Terms

Filing Info

  • Accession Number: 00389746
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Oct 30 1984 12:00AM