MTA Executive Director & CEO Elliot Sander and his staff are dedicated to controlling costs while coming up with ways to increase mass transit traffic. Their innovative solution for us? More fare hikes for commuters; beginning next year and currently planned at two year intervals thereafter to keep pace with inflation. We're so very fortunate to have their expert management skills working on our behalf.
I realize operating expenses steadily rise and fares must rise accordingly. I just find it hard to believe that every option to cut waste and make money with the transit system to defray costs has been examined. How did the transit system run so well for so many years with so little money by comparison (See below.)?
Officer, I’d like to report a mugging.
NYC Mass Transit Fare History (1904-Present)
1904 $0.05
1948 $0.10
1953 $0.15
1966 $0.20
1970 $0.30
1972 $0.35
1975 $0.50
1980 $0.60
1981 $0.75
1984 $0.90
1986 $1.00
1990 $1.15
1992 $1.25
1995 $1.50
2003 $2.00
2008 $2.25 (projected)
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