Proposal to fix NYC’s subway and broader transit system expected to cost $19B
It&#x27;s a shame that the focus is always on the capital outlay and not on the cost benefit potential to be realized (both economic and non-economic). This sort of spending should always be seen as an investment.<p>For instance, modern&#x2F;improved signaling and train control technology will allow you to run rolling stock at greater speeds with more frequency, requiring less on-track maintenance. In other systems, undergoing recent upgrades (for example) you can run a train every 3 minutes as opposed to 6. As a commuter knowing you only have to wait a max (n)minutes as opposed to max 2(n) can be the difference between deciding to take a train or using some other means of transport, especially if you can shave a few minutes off your commute as well.<p>It gives the operators much more control over how they design services and run their business. It&#x27;s a key enabler.