Most DC visitors and residents consider the Washington Metrorail system to be a great success. Among them is Zachary Schrag, author of The Great Society Subway: A History of the Washington Metro. But, as Schrag clearly documents, by the standards of Metrorail’s original planners, it is a dismal failure.
Back in 1962, planners projected that a 103-mile rail system would cost less than $800 million — or about $4.6 billion in 2009 dollars. Moreover, they expected that fares would cover all of the operating costs and nearly 80 percent of the capital costs (pp. 53-54).
As it turned out, the actual 103-mile system that was completed in 2001 covers all of the basic routes of that original plan, yet cost $17.6 billion in 2009 dollars, close to four times the initial projection. Fares cover only about 60 percent of operating costs and, of course, none of the capital costs.
