Only after thorough and deep cleanup it would gain taxpayer trust and be on a get-well plan to be more sustainable financially.
It would still operate in maintenance mode in the interim, while going through restructuring, NYC has no lack of financial restructuring professionals in downtown
Time to break these regulatory capture for the public good and benefit of taxpayer, not the organized mob
At least I would love to see the discourse in oublic and honest communication about actual issue and its root causes. Not some bogus “congestion”.
There are actual people with names that have caused the mess
In Melbourne, Australia, the state-run Public Transport Corporation was an MTA-style mess and the trains in particular were notorious for delays. In 2009, the operating contract was handed over to the company behind the Hong Kong Metro, and punctuality has ratcheted up from the low 80s to the mid-90s; not quite HK-style 99%, but still a marked improvement, all on the same crusty old infra.