NYC Subway Fare over last 120 years adjusted for inflationRyzinEnagy t1_jcpxznk wrote
Reply to comment by Die-Nacht in NYC Subway Fare over last 120 years adjusted for inflation by dust1990
True on a macro level.
NYC had a specific set of circumstances. The nickel fare was kept way too long, and the city's money went to Moses' highways instead of system maintenance. The city went broke in the 70s and was forced to cede control of the subways to the state. Today we're playing catch-up for maintenance that should have been done 50-100 years ago, and the subway is still under state control.
Powerful-Attorney-26 t1_jcruhdq wrote
The subways were taken over by the state in the 1960s.
dlerach t1_jctg8ge wrote
Unification of the subway system happened in 1940.
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