A People’s History of MTA Fare Hikes
In the late 90s the MTA had a surplus! Crazy, right? Remember when not everything and everyone was broke? Anyway, New Yorkers debated how to spend the money, including Brooklynite Carolyn S. Konheim, who suggested bus fare be lowered. “Bus riders are more price-sensitive than subway riders because they generally earn less than subway riders,” she wrote. “With each fare increase, bus ridership plummets and never recovers.”