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I applaud the sentiment in this post, but I think there are some real concerns.

First, separate operating and capital. They're conflated in the post (i.e. passenger frustration with track maintenance delays, but also with operating budget shortfalls) Capital in many ways is easier.

Operating is tricky. As noted, there are some real concerns with labor relations. Also, a great deal of the stated causes of the shortfalls were, indeed, hard-to-predict events. Likewise, making changes to the major cost pressure areas would require large-scale renegotiations with the union, which would be a substantial undertaking.

by Alex B. on Apr 19, 2012 9:09 am • link • report

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