Tomorrow, the Cato Institute will issue a new paper, The Coming Transit Apocalypse, predicting the end of public transit as we know it by 2030. Antiplanner readers can get a preview of this paper today by clicking on the image below.
Click image to download this paper.
Building on previous Antiplanner blog posts, the paper says the four horsemen of the transit apocalypse include:
- Low fuel prices;
- Ride-sharing services;
- Maintenance backlogs; and
- Unfunded pension and health-care liabilities.
