GOVEROTRAGEOUS: Government Crowd Out in Transportation | Cato @ Liberty

The Urban Mass Transportation Act of 1964 (later redesignated the Federal Transit Act) provided loans and grants for transit capital acquisition, construction, and planning activities.… Notably, only public entities could apply for the federal grants. Given the availability of federal aid, many cities, states, and counties purchased or otherwise took over their local rail and bus systems. Thus by the 1970s, a largely new model of transit provision—public ownership—had become increasingly prevalent in the United States. Many jurisdictions consolidated the operations of smaller private and public systems under the auspices of regional transit authorities. A few states, such as Connecticut, Rhode Island, and New Jersey, formed statewide transit agencies.

Source: Government Crowd Out in Transportation | Cato @ Liberty

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I remember that in 1964!  Gooferment politicians and bureaucrats promised better service at lower cost, and despite all my ravings to my family  — who were ALL FDR worshipping D’s  —  they believed the propaganda.

Reflecting on all the “Gooferment roads”, I’d like to ask them “how’d that work out”?

My grandfather, when driving over the GWB, would reamark: “When will this be paid off?” and some smart alec in the back would chime in “NEVER!”.  Many decades later, the answer is still the same.

You see, my fellow taxpayers, the Gooferment, politicians, and bureaucrats never want to have anything “paid off” EVER!

Argh!

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