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The other part about increasing postage is that people are asked to pay more, but they don't necessarily see an improvement in the service that comes with the p
by noer 7y ago
The other part about increasing postage is that people are asked to pay more, but they don't necessarily see an improvement in the service that comes with the postage. I think about this a lot with public transit too, what a lot of people pay at the farebox doesn't necessarily cover the cost of the ride.
- firethief 7y agoIsn't the marginal cost of a rider nearly zero? What kind of public transit are we talking about?
- zaroth 7y agoFairbox recovery rates [1] in the US tend to be around 15-20%. The rest is made up from public subsidies. In the most heavily utilized subway systems, the ratio can increase to around 50% (NYC). [1] It depends how you count the revenue, but by some accounts public transit is more heavily subsidized by State and Federal government than driving. This is especially true on a per-passenger-mile basis. [1] - https://en.wikipedia.org/wiki/Farebox_recovery_ratio https://en.wikipedia.org/wiki/Farebox_recovery_ratio