This article illustrates exactly why this city needs to invest in rapid and efficient mass transit. Biking is great if you're a healthy 30-year-old (like me) living inside the ring of $400k+ houses. Don't feel like biking? Just hail an Uber for $12 with your $700 smartphone.
Fixed income? Disabled? Displaced to the distant suburbs when your neighborhood was gentrified? Onto the bus with you. See you in 51 minutes maybe. 
I'm a Big Fan of biking. We need to protect bikers on the road and money should be spent to do this. But mass transit investments should be Portland's flagship transportation improvement project. With the number of people forecast to move into the city, the time to invest in mass transit infrastructure is right now. Bus Rapid Transit would be a reasonably priced way to do it without dropping $1B+ on rail!