Wednesday, October 24th, 2012

Will You Quit Riding the Subway When It Costs $18? (No.)

Logic tells us that at some point such hikes become unsustainable; excessively high prices deter customers and end up hurting the bottom line, as everyone knows. Except not when it comes to transit…. "It’s sort of like talking about the far reaches of the solar system," said Charles Komanoff, a transport economist. "We are not remotely close to that. You could just as easily say, 'If people had to swim to get down the staircases to the stations, then they’re not going to ride the trains.' OK, that’s true, but so what?"

You will always ride the subway. Even when it costs two packs of cigarettes.

13 Comments / Post A Comment

Lockheed Ventura (#5,536)

Obama's inflationary policies starting to hit home.

davidwatts (#72)

I dunno, I might buy a sporty motorbike at some point if the economics demanded it. "HONEY," I'd say to my displeased girlfriend, "THE ECONOMICS DEMAND IT. What can I do?"

I'm willing to pay $4 if they ban strollers.
And luggage, tourists and youths.

deepomega (#1,720)

Let me tell you about a little something called the Laffer Curve…. *diagram fluts open*

julebsorry (#5,783)

@deepomega Ooh, is it drawn on a cocktail napkin for added authenticity?

hershmire (#233,671)

At a certain point I'll just bike everywhere or buy a moped. As it is, I ride the subway a hell of a lot less now that it's $2.25.

flossy (#1,402)

The London "Tube" does cost about $18 and it keeps banker's hours, so New Yorkers should maybe STFU about paying a quarter more for the ability to go anywhere in the city, 24 hours/day.

Niko Bellic (#1,312)

@flossy Not to mention, Ciudad Juarez has a murder rate of 10K/year, so everyone everywhere should shut up about everything.

flossy (#1,402)

@Niko Bellic I don't know if you're being facetious or what, but the murder rate in NYC is pretty decent relative to other mega-cities, so if the worst people can complain about is expensive subways and constant murders, they should put a lid on it and count their blessings.

Niko Bellic (#1,312)

@flossy Your bitching about others' bitching being the exception, I presume?

flossy (#1,402)

@Niko Bellic Of course. Welcome to a comment section on the internet.

BardCollege (#2,307)

Inflation yo.

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