The Washington, D.C. Metro: Death by Coronavirus?
- March 9, 2021
- Jan Brueckner, economics, The National Interest, March 9, 2021
“Like the airlines, public transit systems have a massive investment in facilities
and capital equipment as well as big payrolls, and the collapse in fare revenue has
hurt them every bit as much as the drop in air traffic has hurt the airlines. … Like
support for the airlines, federal support to tide transit systems over until ridership
rebounds is crucial, and Biden's stimulus package contains such funds,” Jan Brueckner,
an economics professor at the University of California Irvine, said.
For the full story, please visit https://nationalinterest.org/feature/washington-dc-metro-death-coronavirus-179688.