Just saw a bunch of funny videos with people asking NYC bus drivers if the busses are free already and they all having a good laugh at that. Supposedly the MTA

Just saw a bunch of funny videos with people asking NYC bus drivers if the busses are free already and they all having a good laugh at that. Supposedly the MTA has $48.4B or so debt: "The MTA's long-term debt was around $48.4 billion in late 2023, a figure that has grown from $25.8 billion in 2010." Looking at the financials they are already subsidized to the tune of >50% : https://council.nyc.gov/budget/wp-content/uploads/sites/54/2024/03/MTA.pdf https://council.nyc.gov/budget/wp-content/uploads/sites/54/2... ... So the city needs to find at least $7.5B a year just to keep growing their debt at the same rate. But that's ok- if every person in the city just pays another $400 or so a year in taxes they'll get that covered. Socialism...