Private Solutions to a Public Mess
At least that’s what I call our transportation situation–“mess”. And the mess now has a glimmer of hope of untangling itself, thanks to private companies that see potential in self-financed commuter rail. Let’s review a bit of history. Trolley lines and street cars, for the most part, were built and maintained with private money. Railroads were built and are still operated by private entities. Maybe it is time to revisit these scenarios and allow private companies to lease and operate commuter rail lines. It solves the problem of public financing. With precedent set for public ownership and private construction and/or operation (AKA “public-private partnerships”), there is no worry of “selling out” to big developers, or losing public assets. According to Read More ›