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	<title>Comments on: LaHood Reaches Out to Transit Industry, Lamenting &#8216;Lousy Economy&#8217;</title>
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		<title>By: Larry Littlefield</title>
		<link>http://dc.streetsblog.org/2010/03/15/lahood-reaches-out-to-transit-industry-lamenting-lousy-economy/comment-page-1/#comment-155611</link>
		<dc:creator>Larry Littlefield</dc:creator>
		<pubDate>Mon, 15 Mar 2010 18:48:56 +0000</pubDate>
		<guid isPermaLink="false">http://dc.streetsblog.org/?p=81461#comment-155611</guid>
		<description>&quot;If we didn&#039;t have a lousy economy, a lot of these issues would bubble up more quickly.&quot;

The reality of today&#039;s America:  too poor and debt ridden to afford the lower cost of living alternative, and locked into an expensive lifestyle.  While others were going to the Carribean on the credit card, I was camping in New York State parks.  They&#039;ll be shutting those down too.

The solution, for LaHood&#039;s generation, to the burdens from the past?  Sell out the future even more.

&quot;That capital-to-operating flexibility now sits at 10 percent, a level set soon after the stimulus law&#039;s passage. &#039;Maybe that&#039;s not the right percentage.&#039;&quot;

My I remind you that for the most part &quot;capital&quot; is not new systems, it is the replacement or rehabilitation of buses, trains, tracks, signals, and other facilities that wear out.  Which those who still believe public services have a future would call &quot;operating.&quot;</description>
		<content:encoded><![CDATA[<p>&#8220;If we didn&#8217;t have a lousy economy, a lot of these issues would bubble up more quickly.&#8221;</p>
<p>The reality of today&#8217;s America:  too poor and debt ridden to afford the lower cost of living alternative, and locked into an expensive lifestyle.  While others were going to the Carribean on the credit card, I was camping in New York State parks.  They&#8217;ll be shutting those down too.</p>
<p>The solution, for LaHood&#8217;s generation, to the burdens from the past?  Sell out the future even more.</p>
<p>&#8220;That capital-to-operating flexibility now sits at 10 percent, a level set soon after the stimulus law&#8217;s passage. &#8216;Maybe that&#8217;s not the right percentage.&#8217;&#8221;</p>
<p>My I remind you that for the most part &#8220;capital&#8221; is not new systems, it is the replacement or rehabilitation of buses, trains, tracks, signals, and other facilities that wear out.  Which those who still believe public services have a future would call &#8220;operating.&#8221;</p>
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