Commuter Outrage has a concise, intelligent summary of how the Bloomberg way of thinking about transit is fatally flawed:
...never mind that without the funds cars raise, mass transit wouldn’t exist. 15.5% of your gas tax pays for mass transit - sssssshhhhhhhh, that’s a dirty little secret.
I also like the internal inconsistency in the logic behind congestion pricing – we will tax cars to bail out MTA, but the tax exists to alleviate congestion, so it will remove cars from the roads, and decrease revenues from the tax, making MTA’s problem even worse because they will have more riders and even less revenues. Brilliant! Thanks for those awesome solutions.