Originally posted by: Hacp
Originally posted by: T2k
Originally posted by: Hacp
Originally posted by: talyn00
Originally posted by: Hacp
Originally posted by: T2k
Originally posted by: Hacp
Originally posted by: T2k
Originally posted by: PUN
Originally posted by: T2k
Originally posted by: Atomicus
What I don't understand is the TWU's inability to understand the crippling effect of striking for higher wages.
1) loss of revenue because you aren't providing service for the days on strike
2) loss of wages due to fines (illegal striking, dumb@sses)
3) increase the MTA's overall debt and forcing another fare hike to ensure they can scratch even
You know what would be funny? If us New Yorkers boycotted the MTA. Not practical, but ironic and in their face. :|
No, it's you who's missing the point:
1. MTA has a billion in surplus, profit yet they didn't bulge.
2. Loss of revenues easily can be made up from 2x the loss of wages.
3. Loss of wages has nothing to do with MTA - that just precisley shows how determined they are which whows how bad their situation can be.
I think you are the one who is missing the point here.
MTA's 1 billion surplus belongs to consumers NOT MTA employees. These uneducated monkeys don't and will never realize that. MTA kept 2 books and raised the fare and they were able to have large sum of surplus. They admitted wrong doing and decided to lower the fare to $1 for the holiday season for us, the consumers. MTA monkeys had to cry and claim that it's their money?!?! that's ridiculous
You really need to read up a lot on the subject before I can take your comment seriously...
Ok answer this. The MTA is facing a projected 1 billion dollar defecit in 2007. How will they pay for the increased salaries in 2007?
OK, answer this: is this the same type of projection when they projected similar losses for this year, ending up with $1B surplus?
THey did not project 1 billion in losses for this year. They projected a coulpe hundred million. As previously stated, this year the MTA got lucky. The city of new york got lucky also. Intrest rates fell. The MTA has a couple of lucrative real estate deals. They got in the black.
Now, do you expect that this will happen every time for the next 4-5 years? That something unexpected comes in and saves the MTA from defecit? I don't.
You still haven't answered my question. What will the MTA do to pay for the increased salaries when they have a projected 1 billion+ defecit?
The answer to that is simple, larger deficit, and increased taxes.
How does the MTA tax the riders? How does the MTA do that? Also, a larger deficit for the MTA means that it will have more debt to pay off in the future. Does the MTA want to be like the US is today? Paying billions of dollars on INTREST RATE payments for the National Debt? If the MTA goes down that road, it will never fix its problems. The MTA needs to go into the black, period.
The basic problem is that disgusting sinister sneaky Pataki pulled the plug years ago, let alone Giuliani's cut. MTA is NOT a profit-oriented corporation yet they act like it should be.
Public ciy transportation is NOWHERE ON THE WORLD can be a profit-oriented corporation. It is the duty of NYS/NYC to ensure the working mass transit system for its population, for affordable price. That's why you pay taxes (particularly high ones in NYC).
MTA is not a profit oriented corporation. But they DO HAVE A BUDGET. What happens when they get in debt? They have three choices. Ones is that they could ask the state for money. NOT GOING TO HAPPEN. The state has been cutting its funding to the MTA in recent years. The second is the borrow. That will increase the future debt even more. The final is to increase fairs. That won't stand with riders.
Exactly. That's my point.
There's no way, I repeat, no way to make this profitable from rider's fares yet keep the fares affordable.