Quote:
Originally Posted by mrnyc
america had all these things in spades for generations and let them go away -- caving in to the maddening autocentrism lobby. nobody can destroy itself quite like 'murica can!  |
So true. But generations ago, almost all of these transit companies were private enterprises. Which is usually the case in America, private enterprises seeking profits usually provident greater services. Once government stepped in to regulate the private enterprises for the greater good, i.e. keeping fares as low as possible, that's when the private enterprises started to go bankrupt. Eventually, the various local governments had to step in to save the services, and as usual were terrible at managing it. So services declined over time.
What's so new about that? Why are so many surprised that governments can not compete with private enterprise providing goods and services?