« Do Brits back choice? | Main | Another blow to outsourcing »

April 19, 2004

The glass is 1/3 full?

When a 1996 study projected that a South Jersey light rail line would provide 11,200 daily trips, critics cried that such ridership would be too low to justify the project. Naturally, the project moved ahead anyhow. Now 8 years and over a billion dollars later, the line gets less than a third of 1996’s projections.

But maybe should look on the bright side. Eventually, NJ Transit expects big ridership gains—after all, says a spokeswoman, the line’s only been running for a month. And some already see economic gains. Apparently, pastry sales are up:

Dolly DeFreitas, who works at a Riverton pastry shop, said breakfast business is steady on weekday mornings. She and a neighbor are now hoping to open a farmers' market nearby.

How many croissants and organic cucumbers will have to be sold to equal the $1.1 billion in capital costs?

Posted by tedb at April 19, 2004 01:08 PM




Comments

Post a comment




Remember Me?

(you may use HTML tags for style)

Search


Recent Entries
Categories
Contact
Links
Blog Roll
Archives
August 2008
Sun Mon Tue Wed Thu Fri Sat
          1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31            
Powered by
Movable Type 3.2