50-Year Disaster Of Government Trains, Buses & Streetcars

by Daniel Bier.  Today, Less than 2% of trips use transit. Ronald Reagan once quipped that "government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it." There, in a nutshell, you have a short history of mass transit in America. CEI's Marc Scribner explains,  ... MORE