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CTA President Forrest Claypool called a spade a spade during Wednesday's board meeting: "Policymakers have disinvested in public transit, and yet we know that public transit is wealth-producing, job-producing, revenue-producing,''Here's hoping he's not showing his cards too early and and doesn't get trumped by the Illinois Legislature, whom he may need later to help balance the 2012 budget.
My full-time job prevented me from covering the board meeting, but the Tribune's Jon Hilkevitch wrote a full report, including this gem of a quote:
09 Jun, 2011Despite the positive role of transit in making neighborhoods and commercial areas more valuable, the amount of public subsidies the CTA receives is "subject to the discretion of the appropriators in Springfield rather than (being) automatic,'' he said.
"It's really perverse economics. But it is the economics that has governed transit, not just here in Chicago but in other large urban areas,'' Claypool said.
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Source: http://www.chicagonow.com/blogs/cta-tattler/2011/06/ctas-claypool-policymakers-have-disinvested-in-public-transit.html
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