3 ms·
If the cost for maintaining the infrastructure in 10x that, then it's a shoestring budget. You have to compare the budget to a baseline, you can't just evaluate
by uxp8u61q 3y ago
If the cost for maintaining the infrastructure in 10x that, then it's a shoestring budget. You have to compare the budget to a baseline, you can't just evaluate it as an absolute. Yes, £10B looks like a big number, but what do you compare it to?
- drexlspivey 3y agoTFL is actually profitable, you could google that in less time that it would take to write this comment, these wild hypotheticals are just noise
- ziddoap 3y agouxp8u61q's point is not a wild hypothetical, and is a valid point regardless of the profit status of TFL. - If your budget is $10 but it costs $100, that's shoestring. - If your budget is $10 but it costs $1, that's not shoestring. You need to know both values; shoestring is relative.
- bobthepanda 3y agoTfL was profitable pre-covid. It is not currently profitable because remote work and such have lowered ridership, only running a surplus this year due to government support.
- MichaelZuo 3y ago> Yes, £10B looks like a big number, but what do you compare it to? Other large cities with comparable transport infrastructure? You, or any passing reader, can just spend 30 seconds with a search engine and find dozens of papers, reports, presentations, etc... doing this kind of financial comparison.
- uxp8u61q 3y agoDo you not understand rhetorical questions? I know what the budget should be compared to.
- MichaelZuo 3y agoThen why submit a reply that adds nothing to the conversation? You might as well submit replies saying that rivers flow downhill instead of uphill.