Runaway Pensions Squeeze Mass Transit
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  • OJFL

    This is what people fail to acknowledge. The only reason governments cannot invest more in infrastructure, which politicians like to say is “crumbling”, is because of the growth of government spending in transfer payments and labor obligations. And it will only get worse over time.

  • Mrs. Davis

    Talk about a business in need of privatization and deregulation!

  • Not wrong but complicated. On the one hand transit unions suck money out of transit agencies (bad) but on the other hand they support transit spending (good) when no one else is really willing to fight for it. It seems to me this is a “can’t live with them, can’t live without them” relationship.

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