The Barbershop has re-located

The proprietor has moved the shop to ChicagoNow, a Chicago Tribune site that showcases some of the best bloggers in the Chicago area. You can logo on to the Barbershop home page here. The ChicagoNow home page is here.

You'll still be able to post comments with the same ease as in this location. The proprietor also will keep this web site alive if you wish to review old posts.

Wednesday, November 28, 2007

Is it possible for the CTA to operate without a loss, no taxpayer subsidy required?

By Dennis Byrne
Chicago Daily Observer

That question is asked and answered in the affirmative by the Illinois Policy Institute, a free-market think tank, in its thought-provoking new analysis: “CTA looking in all the wrong places: Sustainable solution requires new thinking and real reforms.”

I can’t remember anyone seriously and convincingly making such a claim since the early 1970s when, as the Chicago Daily News urban affairs reporter, I started covering the CTA. That’s when it became conventional political wisdom that mass transit should be considered to be a public utility requiring a public subsidy. Hell, I even bought it.

Except for this: How many public utilities (e.g., the electric and gas companies) operate like the CTA, with their consumers paying only about half the costs, while taxpayers pick up the other half?

Read more at Chicago Daily Observer

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