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Anatomy of an "American Transit Disaster"
28 Apr 2023 | Abstracted from Bloomberg
"...historian Nicholas Bloom chronicles the collapse of public transportation in US cities - and explains who really deserves the blame.
'Public officials' reluctance to subsidize transit - even as car owners enjoyed publicly funded roads and free parking - made it virtually impossible for streetcars, buses and trains to compete. Racism played a role too...
"...streetcar companies had the customers. They had an effective monopoly
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