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millennials

  • Link to article here.

    Failure of transit programs prompts renewed call to end federal gas tax diversions
    Federal Highway Administration reports a 3.5% increase in vehicle miles traveled in 2015. Yet, 28% of federal surface transportation funds (which primarily originate from federal gasoline taxes) are diverted from highways to public transit. It’s high time this raid of road funds ends. If local cities want mass transit, they should pay for it with local taxes, not raid federal road dollars to waste on transit systems with little to no riders.
    By Terri Hall | June 6, 2016
    Selous Foundation for Public Policy Research

    When you digest the latest report on public transit by Steven Polzin of the University of South Florida, it deals a fatal blow to the philosophy, ‘If you build it, they will come.’

    The report notes a 1.3% – 2.5% decline in transit ridership in 2015. But perhaps the most damaging figure is that transit ridership has remained flat for 45 years. That’s a pretty stubborn figure. Contrary to the narrative of transit advocates, overall ridership has also remained flat despite fluctuations in the price of gasoline. Meanwhile, transit supply has exploded while demand for transit has remained the same and even declined (despite lack of car ownership among millennials, urbanization, and the high cost of car ownership). So, after spending billions in taxpayer dollars on shiny new buses and rail cars, government has little to show for it in terms of actual riders.

    By contrast, the Federal Highway Administration reports a 3.5% increase in vehicle miles traveled in 2015. Yet, 28% of federal surface transportation funds (which primarily originate from federal gasoline taxes) are diverted from highways to public transit. It’s high time this raid of road funds ends. If local cities want mass transit, they should pay for it with local taxes, not raid federal road dollars to waste on transit systems with little to no riders just to satisfy their anti-automobile and anti-petroleum ideology.

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