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> The private sector would ruthlessly fire people, cut and restructure costs. I see none of this happening. Again: please read the history of the IRT and BMT.
by woodruffw 2y ago
> The private sector would ruthlessly fire people, cut and restructure costs. I see none of this happening.
Again: please read the history of the IRT and BMT. I think you'll find that "cut and restructure" is not an unknown practice in the history of NYC's mass transit, and that it didn't have the effects you're thinking it might.
> Airlines seem to have no problem fixing their finances and their bankruptcy arguably made them only better
Airlines are famous for receiving large federal subsidies to keep them afloat.