When Phoenix was building its light rail system, I made the following two-part bet:

1. I could take all the money spent on construction and easily buy a Prius for every single daily rider, with money to spare.
2. I could take the operating deficits for light rail and buy everyone gas to run their Prius 10,000 miles per year and still have money left over.

This bet has been tested in a number of cities, including LA and Albuquerque, and I have not lost yet. Now the numbers are in for Phoenix...

Posted by: Old Grouch in Linkage at 17:25:20 GMT | No Comments | Add Comment
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