MTA: Fares to Increase, Service to Remain Between Poor and Middling

Subway budget "planners" didn't plan for recession, now need cash, NY Post reports

Updated 2:42 PM EST, Tue, Oct 28, 2008

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Even though it operates the kind of subway system that comes to a grinding halt during minor acts of nature (did you get to work okay this morning, or are you still somewhere near Flatbush Ave. on a train besieged by three inches of water?) and takes two out of every five lines out of regular operation "between 12:01 AM Saturday and 11:59PM Sunday," the MTA wants to raise subway fares again, the NY Post reports. Nope, you're not mistaken, the last increase was pretty recent - it was seven months ago, to be exact. The new culprit? Apparently the agency's budget planners "hadn't foreseen the global economic crisis headed their way." That's right: They just plain didn't see it coming. Hey, that line worked for the banks and the government - why not the little ol' MTA?

First Published: Oct 28, 2008 10:38 AM EST

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