Do Big Transit Spending Plans Make Sense Anymore?
Cato Podcast
Cato Institute
4.5 • 979 Ratings
🗓️ 7 February 2023
⏱️ 10 minutes
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| 0:00.0 | This is the Cato Daily Podcast for Tuesday, February 7th, |
| 0:05.0 | 2003. I'm Caleb Brown. How are transit systems dealing with a large |
| 0:09.4 | transition of workers away from the office? In San Francisco it's been quite the opposite of what you might expect. |
| 0:16.0 | Transit authorities there are wanting massive new investments in transit. |
| 0:20.0 | Cato's Mark Joffi provide some details. |
| 0:23.0 | Among the many disruptions that the pandemic gave us, |
| 0:28.0 | transportation systems was a big one, |
| 0:31.0 | and cities, how did they respond with with transit and things like that? |
| 0:37.0 | Well they tried to maintain their their schedules but because of work from home a lot of people stopped using it. |
| 0:47.2 | The bottom came a couple of months into the pandemic and it's only gradually recovered since then, especially in cities that are very |
| 0:55.1 | tech heavy like San Francisco. |
| 0:56.7 | Okay, so what was San Francisco's response specifically? |
| 1:01.6 | Well, San Francisco, like the rest of California, had a pretty strong lockdown approach. |
| 1:09.0 | The local media showed a lot of concern about the spread of COVID and I think people took the advice to |
| 1:17.6 | mask heavily, socially distance, and generally avoid the workplace. So the idea of working from home became a bit more embedded in San Francisco than it did in comparable |
| 1:29.2 | cities like Austin or Miami. |
| 1:32.0 | All right, what, you know, here coming up on three years since the beginning of the pandemic, |
| 1:39.0 | what, what should transit systems be rethinking? |
| 1:42.4 | Well, it's gonna, it's gonna depend obviously. should transit systems be rethinking? |
| 1:43.0 | Well, it's going to depend obviously on their ridership. |
| 1:46.8 | So the Bay Area Rapid Transit System, which is the commuter system for San Francisco, has suffered a pretty steep drop and it's not really coming back. |
| 1:56.7 | I think it's around 40% of the pre-pandemic level. |
... |
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