Sorry to be a homer, but I have to point out this welcome news for Washingtonians. The head of Metro, our transit system, has announced ...
Sorry to be a homer, but I have to point out this welcome news for Washingtonians. The head of Metro, our transit system, has announced that he will not raise fares.
Higher fares are obviously necessary at times -- subway rides are no longer a nickel -- but Metro's previously announced rate hike was a dumb idea. The reason is that it would have imposed higher costs on the system's most reliable users.
Metro already charges people more when they use its rail system during rush hour. Such peak fares would have been raised even higher. What's worse, the canceled plan would have charged premiums for those getting on or off at the most crowded downtown stations.
This would have been a misguided version of congestion pricing. That idea, made famous in London, charges drivers a fee for bringing their cars into the busiest parts of town during the working day. The point of congestion pricing, however, is to get people out of their cars and into public transit.
Metro was going the opposite way. Extra fees for the most-used stations would have encouraged more people to drive, which should not be the goal of a public transit agency.
Join the Discussion
After you comment, click Post. You can enter an anonymous Display Name or connect to a social profile.
The Week in Public Finance: D.C. Interference, Let's Make a Deal and Urban Poverty2 days ago
Oklahoma's First Transgender State House Candidate Loses Primary Race2 days ago
Feds Revoke Oklahoma's NCLB Waiver After State Repealed Common Core3 days ago
Ferguson Protesters Sue Police for $41 Million3 days ago
9 Years After Katrina, Feds Forgive $391M in Disaster Debt3 days ago
Governor: Utah Should Defend Anti-Polygamy Law3 days ago