Deborah Johnson

New York City Mayor (quoted) notes public transit is "increasingly becoming out of reach" and is the "slowest in America." Glazer notes we are paying "way, way too much." When public infrastructure becomes prohibitively expensive and inefficient (slow), consumer demand shifts to private substitutes. If cities cannot afford to expand bus fleets due to $1M+ price tags, ride-share networks absorb the excess demand for mobility. LONG UBER / LYFT as the private sector beneficiaries of public transit inefficiency. Cities successfully implement price caps or standardization, improving public transit competitiveness.

New York City Mayor (quoted) notes public transit is "increasingly becoming out of reach" and is the "slowest in America." Glazer notes we are paying "way, way too much." When public infrastructure becomes prohibitively expensive and inefficient (slow), consumer demand shifts to private substitutes. If cities cannot afford to expand bus fleets due to $1M+ price tags, ride-share networks absorb the excess demand for mobility. LONG UBER / LYFT as the private sector beneficiaries of public transit inefficiency. Cities successfully implement price caps or standardization, improving public transit competitiveness.