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Is public transport in the USA owned by car makers?
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this post was submitted on 23 Nov 2023
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Well, if you can't find anything to confirm your bias, then it is probably wrong. Public Transit often loses money and is owned and operated by government.
It is worth noting that “loses money” and “costs money” are generally just differences of perspective. For many, public services don’t necessarily need to be profitable monetarily to be worth their cost.
eta: I would like to clarify that this is in no way disagreement. More of a yes-and, than a but. I agree with you completely.
I love that distinction. And where does the money go? "Lose money" implies it vanishes, which isn't the case. It goes to companies that then pay their workers. It circulates which should be the point.
Public transport almost never runs a profit on it's own, but if you manage it through the government, then the added tax income from vastly more people being able to work better jobs, more than make up the shortfall.
It was not built by government though. Railways, streetcars, etc. were private for profit enterprises, that later were acquired by governments.